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US moves to seize US$1b in assets linked to Malaysia's 1MDB

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The US Justice Department is moving to seize more than US$1 billion in assets linked to Malaysia's 1MDB state investment fund.

Washington

The US Justice Department is moving to seize more than US$1 billion in assets linked to Malaysia's 1MDB state investment fund.

The assets are "associated with an international conspiracy to launder funds misappropriated" from 1Malaysia Development Berhad, which was

sentifi.com

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