Malaysia, 1MDB, and Goldman Sachs | Patriot Act with Hasan Minhaj | Netflix

On this section from the newest episode of Patriot Act, Hasan examines the 1MDB sovereign wealth fund scandal in Malaysia, wherein former prime minister Najib Razak has been accused of funneling hundreds of thousands of {dollars} from the nation into his private financial institution accounts. Historically used as a method of financial diversification by international locations reliant on a single trade, sovereign wealth funds have come beneath scrutiny as monetary organizations like Goldman Sachs and corrupt politicians have taken benefit of those massive, largely unregulated swimming pools of cash for their very own achieve. Whereas Goldman Sachs continues to revenue off of sovereign wealth funds in different international locations, the financial institution is at present being investigated for its function within the 1MDB scandal, which may have lasting implications on the world of finance.

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About Patriot Act with Hasan Minhaj:
New episodes, new matters, each Sunday – solely on Netflix. Hasan Minhaj brings an incisive and nuanced perspective to world information, politics, and tradition in his distinctive comedy collection. Subscribe to the Patriot Act channel now to remain updated with episode clips and unique content material from Hasan and the Patriot Act crew.

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