Monday 28 May 2018
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12 days ago

Mahathir says Malaysia will seek to retrieve laundered funds

KUALA LUMPUR, Malaysia (AP) --- New Malaysian Prime Minister Mahathir Mohamad said Wednesday that his government will seek to retrieve billions of dollars from a state investment fund believed to have been laundered in the United States, Switzerland, and several other countries. The government also said it plans to abolish an unpopular 6 percent goods and services tax next month. Mahathir reopened a probe into a massive corruption scandal surrounding the 1MDB fund after his alliance won a stunning electio

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