Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Check your Hermès handbags and bank accounts

Tom Fox | July 2, 2018

The 1MDB scandal continues to move into the recovery and accountability stage under the new Malaysian Prime Minister, Mahathir Mohamad. The unbelievable scope of the corruption is beginning to come into focus as well. A recent report noted that in raiding the home of former Prime Minister Najib Razak, the police not only found some $30 million in cash stuffed around the house but also more than 12,000 pieces of jewelry and 567 Hermès handbags. This is serious brand loyalty from the former Malaysian First Lady. Commercial Crime Division Chief Amar Singh appeared stunned at the scale of what had been recovered, and said at a press conference after the seizures, “It was just too huge.” 

Another ...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.