The election of a new Prime Minster in Malaysia has heralded a potential investigation into the allegations of massive corruption carried out by the prior administration surrounding the country’s sovereign wealth fund, 1MDB.
The people of Malaysia are apparently fed up with the wide-ranging corruption pervasive in the country’s government. Last week, Malaysian citizens sent sitting Prime Minister Najib Razak into retirement by electing new Prime Minister Mahathir Mohamad. This is the first instance of a peaceful transition to new government in Malaysia since the country’s independence in 1957.
