Dumb and Dumber To

SINGAPORE (June 16): More than US$4.5 billion ($6.2 billion) in funds belonging to 1Malaysia Development Bhd (1MDB) has been allegedly siphoned off by high-level officials of 1MDB and their associates, according to a 251-page asset seizure filing by the U

SINGAPORE (June 16): The US Department of Justice (DoJ) on Thursday filed its third lawsuit to seize an additional US$540 million ($747 million) worth of assets linked to corruption involving Malaysian sovereign wealth fund 1Malaysia Development Bhd (1MDB