Trial over $1.8b fraud at Malaysia's 1MDB opens in Switzerland
BELLINZONA: Two men accused of embezzling $1.8 billion from the Malaysian sovereign wealth fund 1MDB went on trial in Switzerland on Tuesday, the late...
Source: thesun.my
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Trial Over $1.8 Bn Fraud At Malaysia's 1MDB Opens In Switzerland
Two men accused of embezzling $1.8 billion from the Malaysian sovereign wealth fund 1MDB went on trial in Switzerland on Tuesday, the latest hearings stemming from the vast multi-billion-dollar financial scandal.
Source: ibtimes.com
Two go on trial in Switzerland over 'kleptocracy' scandal involving Saudi oil firm, Malaysian bank | Jamey Keaten
GENEVA—Two managers of a Saudi oil exploration company went on trial in Switzerland on Tuesday for alleged fraud and money laundering over a scandal years ago linked to a Malaysian sovereign wealth fund that the US Justice Department once described as the “biggest kleptocracy case” ever. The defendants from PetroSaudi—a…
Source: businessmirror.com.ph
Trial over $1.8 bn fraud at Malaysia's 1MDB opens in Switzerland
Two men accused of embezzling $1.8 billion from the Malaysian sovereign wealth fund 1MDB went on trial in Switzerland on Tuesday, the latest hearings stemming from the vast multibillion-dollar financial scandal.They are accused by Swiss state prosecutors of involvement in a vast embezzlement operation orchestrated by Jho Low, an advisor to former Malaysian prime minister Najib Razak, with the complicity of the latter.
Source: yahoo.com
Two PetroSaudi managers on trial in Switzerland over 1MDB scandal
GENEVA (AP): Two former managers of PetroSaudi, a Saudi oil exploration company, went on trial in Switzerland on Tuesday (April 2) for alleged fraud and money laundering over a scandal years ago linked to 1Malaysia Development Berhad (1MDB) that the US Justice Department once described as the "biggest kleptocracy case" ever.
Source: thestar.com.my