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Singapore seizes S$240m in assets linked to 1MDB funds

Friday, July 22, 2016 - 05:50

38745646 - 17_06_2016 - MALAYSIA-SCANDAL_1MDB.jpg
Some S$240 million in assets have been seized by the Singapore authorities who are investigating the fund flows related to 1MDB, with about half these assets belonging to the now-infamous Malaysian tycoon Low Taek Jho and his immediate family.

Singapore

SOME S$240 million in assets have been seized by the Singapore authorities who are investigating the fund flows related to 1MDB, with about half these assets belonging to the now-infamous Malaysian tycoon Low Taek Jho and his immediate family.

Singapore's Attorney-General

sentifi.com

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