Weekly Roundup: Malaysia’s 1MDB Probe Criticized, Firm Claims North Korea Ties to Swift Breaches, and More

The investigation ordered by Malaysian Prime Minister Najib Razak into state-owned fund 1Malaysia Development Bhd, or 1MDB, has been compromised by political pressure and mismanagement that has led to failures to make use of crucial evidence and testimony, The Wall Street Journal said. Six foreign nations are currently investigating alleged graft and money laundering tied to the fund. More Seychelles-registered firm Good Star may have received more than $1 billion paid out by 1MDB, the Financial Times reported, citing leaked central bank letters. Good Star is purportedly controlled by Jho Low, a 34-year-old Malaysian socialite with ties to Paris Hilton...