1989 Bank of Cadasa scandal

The  was one of the most infamous events and scandals in Cadasan history.

Overview
It involved the Governor of the Bank of Cadasa, then T. Vazhuthi, giving out CK107 million (US$90 million) from the central bank to National Party (PNC) officials and politicians starting in the 1970s due to there being too much money from economic growth. The Cadasa Cancer Society, in collaboration, also gave out CK47.2 million (US$40 million) of donations and funds to PNC officials. In 1976, a journalist named Ismail Awang somehow found out about the corruption and tried to report the story, but was murdered.

The scandal was eventually discovered on February 5, 1989, causing nationwide protests, which later led to the democratization of Cadasa.