Malaysia dissolves 1MDB advisory board; takes over its assets
May 04, 2016 at 05:25 AM EDT
KUALA LUMPUR (Reuters) - Malaysia's finance ministry said on Wednesday it would dissolve the board of advisers at 1Malaysia Development Berhad (1MDB) and take over its remaining assets, in an apparent move to scale down a state fund whose scandals have rocked the government.
