You are here

Model Miranda Kerr hands over US$8.1m in jewellery linked to 1MDB to US authorities

lwx_270617MK.jpg
Australian model Miranda Kerr has handed over US$8.1 million worth of jewellery to the USJustice Department (DOJ) a week after lawsuits said it was purchased for her with funds allegedly misappropriated from Malaysia's sovereign wealth fund 1MDB.

[NEW YORK] Australian model Miranda Kerr has handed over US$8.1 million worth of jewellery to the USJustice Department (DOJ) a week after lawsuits said it was purchased for her with funds allegedly misappropriated from Malaysia's sovereign wealth fund 1MDB.

Kerr, who isn't a defendant in the lawsuits, transferred the gifts last Friday to government agents from her safe-deposit box in Los Angeles, her spokesman said according to Wall Street Journal.

Full story here.

sentifi.com

Market voices on:

Powered by GET.comGetCom