$4b misappropriated from Malaysian state firms in 1MDB scam: Swiss Prosecutor

$4b misappropriated from Malaysian state firms in 1MDB scam: Swiss Prosecutor

Photo: Reuters

Switzerland’s chief prosecutor said on Friday a criminal investigation into state fund 1Malaysia Development Berhad (1MDB) had revealed that about $4 billion appeared to have been misappropriated from Malaysian state companies.

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