US relief sought in nine more 1MDB-linked offshore liquidations
Former Malaysian PM Najib Razak (Credit: Firdaus Latif via Wikimedia Commons (CC BY-SA 2.0))
Less than a week after Malaysia’s former Prime Minister Najib Razak was ordered to begin a 12-year prison sentence for fraud linked to the 1MDB sovereign wealth fund, the liquidators of nine more offshore investment vehicles believed to be linked to the fraud have filed for recognition in Miami.
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