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Brunei

Yearbook 1999

Brunei. According to Countryaah official website, the aftermath followed the scandal in 1998 when it was revealed that Prince Jefri, brother of the Sultan, had spent large sums from the country's treasury. Jefri, returned to his home country at the beginning of the year, where 200 auditors were called in to find out about his business. During the fall, the prince was forced to sell parts of his art collection (worth about SEK 5.5 billion). Low oil prices and the Asian financial crisis have also contributed to the Sultanate's financial difficulties. Some analysts feared that state benefits such as free education and health care were threatened.

1999 Brunei
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