Summary of The Man Who Robbed An Entire Country

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Jolo, a Malaysian businessman, used his relationships with powerful people to steal money from various businesses. In the present day, Jolo has helped finance a movie called "Red Granite Pictures." Jolo is known for his lavish lifestyle, but is also known for his compulsive spending and desire for more wealth.

  • 00:00:00 Jolo, born on a small Malaysian Island, stole billions of dollars from people, spent it on luxury items, and became friends with Hollywood stars. He used this money to finance a Hollywood Blockbuster about a financial scam.
  • 00:05:00 Jolo Winton, a Malaysian businessman, set up a company in 2009 called the Winton Group, which specialized in brokering deals between Middle Eastern investors and Malaysian construction projects. At this point, he became close to Malaysian Prime Minister Najib Razak, who trusted him and gave him control of a billion dollar sovereign wealth fund. Jolo used this money to finance his business ventures and political ambitions, including paying for Najib's wife's expensive jewelry and daughter's college tuition. By the time Najib was elected Prime Minister in 2009, Jolo was effectively in control of the fund. In 2013, Jolo proposed a deal to Najib to use the fund to invest in Saudi Arabia's oil industry. Najib approved the deal, and Jolo used some of the money to buy Najib's wife expensive jewelry and send his daughter to her graduation ceremony. Najib and Jolo are now close friends, and Jolo is widely seen as a corrupt politician.
  • 00:10:00 The video follows a Malaysian man, known as Jolo, as he steals millions of dollars from a sovereign wealth fund, uses it to live a lavish lifestyle, and attracts celebrities to his events.
  • 00:15:00 The narrator discusses a man named Jolo who, in the early 2000s, became one of the wealthiest people in the world by leveraging his relationships with powerful people and stealing money from various businesses. In the present day, Jolo has decided to enter the movie industry and has helped finance a project called "Red Granite Pictures." Jolo is known for his lavish lifestyle and parties, but is also known for his compulsive spending and desire for more wealth.
  • 00:20:00 The video describes how Jolo S. Jaya, a Malaysian businessman, used Goldman Sachs to raise millions of dollars for 1MDB, which he then used to fund his own lavish lifestyle and political campaigns. In 2015, a whistleblower leaked emails that implicated him in a scheme to steal billions of dollars from 1MDB. This led to protests and calls for the resignation of Malaysian Prime Minister Najib Razak, but he remained in office.
  • 00:25:00 The ex-prime minister of Malaysia, Najib Razak, was convicted of multiple crimes and sentenced to 12 years in prison. Najib and his wife attempted to flee the country, but were stopped by protesters at the airport. Najib claimed he was leaving for a golf trip, but it was clear he knew what was coming. Soon after this, police raided Najib's house and found 274 million dollars' worth of goods, including endless amounts of expensive jewelry, handbags, tiaras, and watches. Najib had been bribed with money and luxury goods.

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