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The money taken from 1MDB funded lavish lifestyles for powerful Malaysians, including friends and family of Mr. Najib. The money bought paintings by van Gogh and Monet, a mega-yacht docked in Bali, a grand piano made of clear acrylic that was given to a supermodel as a gift, and a king’s ransom in jewelry. Pilfered money also financed a boutique hotel in Beverly Hills, a share of the EMI music publishing portfolio and the Hollywood movie “The Wolf of Wall Street".

Read more on The New York Times:

https://www.nytimes.com/2020/10/22/business/goldman-sachs-fraud-guilty-plea.html

 

 

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