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Global investigators probing Malaysia’s 1MDB corruption case have a new ally: Malaysia

Steve Mollman
Global investigators probing Malaysia’s 1MDB corruption case have a new ally: Malaysia

Last June, the US Justice Department announced it was seeking to recover $540 million in assets “associated with an international conspiracy to launder funds misappropriated from a Malaysian sovereign wealth fund.” It stated that over $4.5 billion in funds belonging to 1Malaysia Development Berhad (1MDB) had allegedly been misappropriated by high-ranking officials and their associates,…