1MDB: The Scandal Riveting MalaysiaVIEW EVENT DETAILS
1Malaysia Development Bhd (1MDB), set up by former Malaysian Prime Minister Najib Razak in 2009, was meant to turn Kuala Lumpur into a financial hub and boost the economy through strategic investments. In early 2015, however, it started to attract negative attention, after it missed payments for some of the $11billion it owed to banks and bondholders, with Mr. Najib accused of taking $700 milllion from the fund. In July 2018, two months after his shock election loss in May, Mr. Najib has been charged with corruption. As the global fallout from the Malaysian 1MDB scandal continues to reverberate, the Asia Society Hong Kong Center hosts Wall Street Journal (WSJ) journalist Tom Wright, who has been breaking and covering this story from the very beginning. In conversation with WSJ Asia Editor Andrew Dowell, Mr. Wright will be on hand to discuss the various twists and turns of a story that has captivated many people across the world and arguably changed the course of Malaysia's recent elections.
Tom Wright is a Hong Kong-based journalist with The Wall Street Journal, serving as Asia Economics Editor of the paper. In 2011, he was one of the first journalists to arrive at the scene of the raid in which Navy SEALs killed Osama bin Laden. He is a Pulitzer finalist, a Loeb winner, and has garnered numerous awards from the Society of Publishers in Asia, which in 2016 named him “Journalist of the Year”. He speaks English, Indonesian, French and Italian.
Andrew Dowell is Asia Editor for The Wall Street Journal. He relocated from New York, where he was Deputy Financial Editor helping oversee the Money & Investing section of the paper. Before that, Mr. Dowell was Corporate Bureau Chief, running coverage of everything from retail and consumer products to telecom and big industrials. He joined Dow Jones as a stringer in Cairo, Egypt and lived there for six years. He graduated with a history degree from Emory University. (Moderator)
Asia Society Hong Kong Center, 9 Justice Drive, Admiralty