Malaysia: 1MDB's funds traced to Australian investment firm regulators are liquidating

Malaysia: 1MDB's funds traced to Australian investment firm regulators are liquidating

Traffic passes a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, July 6, 2015. REUTERS/Olivia Harris/Files

The financial scandal surrounding Malaysian state investment fund 1Malaysia Development Bhd (1MDB) turns curiouser with a fund trail linking it to Avestra Asset Management, which is under liquidation action by the Australian Securities and Investments Commission.

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