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TIL Malaysia's sovereign wealth fund resulted in the Prime Minister and a UPenn educated businessman stealing all the funds ($12bn USD) (en.wikipedia.org)

submitted 2 weeks ago by CBYX@feddit.org to c/todayilearned@feddit.org

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[–] adarza@lemmy.ca 9 points 2 weeks ago

which is why lord diaper and emperor old spice want their own sovereign fund.

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[–] Donjuanme@lemmy.world 7 points 2 weeks ago

Interesting that's how Gaben got his yacht. (He legitimately purchased the yacht from an auction, the yacht was designed and developed with the stolen funds)

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