May 16, 2018 / 2:02 PM / 2 months ago

Breakingviews - Viewsroom: 1MDB rears head in Malaysian election

NEW YORK (Reuters Breakingviews) - The $5 bln sovereign-wealth fund’s scandal played a role in voters replacing Prime Minister Najib Razak with nonagenarian Mahathir Mohamad. Its resurgence could mean bad news for Goldman Sachs and Najib himself. Plus: Walmart nabs Flipkart in a big bet on e-commerce in India.

New Malaysian Prime Minister Mahathir Mohamad gives a news conference in Kuala Lumpur, Malaysia in this still image taken from video, May 11, 2018.

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