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Feds seek to seize properties linked to Malaysia scandal


The US Department of Justice filed lawsuits on Wednesday seeking to seize dozens of properties tied to Malaysian state fund 1Malaysia Development fund (1MDB), saying that over $3.5 billion was misappropriated from the institution. The lawsuits, filed in Los Angeles, seek to seize assets “involved in and traceable to an international conspiracy to launder money...
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Source: New York Post


14:12, July 20, 2016 Reuters

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