The Intelligence from The Economist
Fund while it lasted: the 1MDB scandal
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Show notes
Today Malaysia’s former prime minister faces his first of several trials, for alleged involvement in the disappearance of billions of dollars from 1MDB, a state-run fund. Businesses also endure their share of scandals, too—the latest one surrounding the maker of OxyContin, a maligned opioid drug. But why are so many recent corporate scandals coming out of America? And, a fabulously popular Chinese soap challenges deeply held notions of filial duty.
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