1Malaysia Development Berhad scandal
Former Malaysian Prime Minister Najib Razak is found guilty by the Malaysian High Court and sentenced to 12 years' imprisonment and fined RM210 million (US$47 million). The High Court convicted Najib on all seven counts of abuse of power, money laundering and criminal breach of trust over misappropriating over RM42 million (US$ 10 million) from 1Malaysia Development Berhad's former subsidiary SRC International to his personal bank accounts.
Sources: BBC News Channel News Asia Malay Mail