The Business Times

International

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

International

SUBSCRIBERS

US$30m worth of 1MDB funds used to buy jewellery: US lawsuit

Published Fri, Jun 16, 2017 · 09:50 PM
Share this article.

Kuala Lumpur

NEARLY US$30 million of funds stolen from scandal-hit 1Malaysia Development Berhad (1MDB) was used to buy jewellery for the wife of "Malaysian Official 1", according to the latest filings by the US Justice Department in a civil lawsuit.

The filings lodged at the US District Court in Los Angeles on Thursday did not identify the individual though Malaysian and US government sources have previously confirmed that "Malaysian Official 1" refers to Prime Minister Najib Razak who is married to Rosmah Mansor.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here