KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) is suing Patrick Mahony of PetroSaudi International Ltd (PSI) and a law firm in Britain for US$1.83bil (RM8.61bil) for alleged dishonest assistance in an investment it partook in.
KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) has filed a lawsuit against Patrick Mahoney, the chief investment officer of PetroSaudi Internationa.
1MDB sues PetroSaudi s Patrick Mahoney to recover US$1 83 bln theborneopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theborneopost.com Daily Mail and Mail on Sunday newspapers.
Malaysian sovereign wealth fund 1MBD has filed a lawsuit for $1.83 billion against the CEO of PetroSaudi International over what it claims was a sham oil exploration joint venture.
KUALA LUMPUR, Oct 9 Government-owned firm 1Malaysia Development Berhad (1MDB) and its related companies had sent its money through banks in multiple countries before RM2.28.