From Hollywood to Saudi Arabia, Leonardo DiCaprio to Paris Hilton: The scandal that enveloped the world

(CNN)Billions of dollars in allegedly misappropriated funds. Millions spent on luxury handbags and jewelry. One hit movie, two mediocre comedies, a swanky New York condo, a $250 million yacht and a Picasso. Leonardo DiCaprio, Paris Hilton, Miranda Kerr and Lindsay Lohan. In early 2009 Najib, weeks into his premiership, ordered the creation of a state investment fund initially worth $1.2 billion, which would later be renamed 1Malaysia Development Berhad, or 1MDB. Its stated purpose was to lead “market-driven initiatives to assist the government in propelling Malaysia towards becoming a developed nation that is highly competitive, sustainable and inclusive.” Instead, according to US prosecutors, 1MDB was used as a slush fund by Najib, Low and other high-ranking officials at the fund, …