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1MDB Watch

US moves to seize additional $747 mil of assets linked to 1MDB scandal

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

1MDB Watch

Jho Low’s relatives fight US forfeiture of 1MDB-linked assets

(Nov 1): Relatives of the financier accused by US prosecutors of playing a central role in siphoning more than US$3.5 billion ($4.9 billion) from Malaysia’s state investment fund are fighting attempts to seize assets acquired with misappropriated funds.
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