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The 1Malaysia Development Berhad Scandal is an ongoing political scandal occurring in Malaysia. In 2015, Malaysia's Prime Minister, Najib Tun Razak, was accused of channelling over RM2.67 billion (nearly USD 700 million) from 1MDB, a government-run strategic development company, to his personal bank accounts. The event triggered widespread criticisms among Malaysians, with many calling for Najib's resignation – including former Malaysian Prime Minister Tun Dr. Mahathir Mohamad. Opposition leader, Anwar Ibrahim, has openly questioned the credentials of 1MDB. He told Parliament that according to the records held by the companies commission, the company "has no business address and no appointed auditor." According to its publicly filed accounts, 1MDB has nearly RM42 billion (USD11.73) in debt. Some of this debt resulted from a $3 billion state-guaranteed 2013 bond issue led by Goldman Sachs, who is believed to have made as much as $300 million in fees from that deal alone, although it disputes this figure. Conference of Rulers in Malaysia has called for the investigations by the government to be completed as soon as possible, saying that the issue is causing a crisis of confidence in Malaysia.