1MDB Says It May Be a Victim of Fraud

1MDB Says It May Be a Victim of Fraud

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the ongoing 1MDB financial scandal, where $3.5 billion was allegedly misappropriated, believed to be transferred to an Abu Dhabi sovereign wealth fund that never received it. Investigations are underway, with the Swiss attorney general looking into UAE officials for potential money laundering and embezzlement. Despite the scandal, the Malaysian market remains resilient, with investors showing confidence, attributing market fluctuations more to external factors like oil prices.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How are Malaysian investors reacting to the news surrounding one MDB and its financial situation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What external factors are currently affecting the Malaysian markets according to the text?

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