Sarawak Report is an investigative journalism online news resource that offers “an alternative vision of justice, transparency and a fairer future in Sarawak.” It is based in London. Sarawak Report’s website was blocked by Malaysia’s internet regulatory body, Malaysian Communications and Multimedia Commission (MCMC), in the summer of 2015, approximately two weeks after the website started to reported on the 1Malaysia Development Berhad scandal. Sarawak Report continued to reach the Malaysian public through Medium.com, but that was also blocked in January 2016
FAQ About 1MDB
Q1. Is 1MDB a sovereign wealth fund?
No. 1MDB is a strategic development company, wholly owned by the Government. However, unlike sovereign wealth funds, which are funded by and act as investment holding arms of the Government, we raise and invest our own capital.
1MDB’s mission is to drive the sustainable long-term economic development and growth of Malaysia by forging strategic global partnerships and attracting foreign direct investment into the country. 1MDB also participates in strategic sectors that ultimately help drive the country’s socio-economic growth.