KUALA LUMPUR: A former media adviser to former Malaysia prime minister Najib Razak has had money laundering charges dropped after agreeing to pay ...
Billions of dollars were looted from sovereign wealth fund 1MDB in a fraud that spanned the globe AFP/Mohd RASFANKUALA LUMPUR: A former media adviser to former Malaysia prime minister Najib Razak has had money laundering charges dropped after agreeing to pay US$1.7 million to scandal-hit sovereign wealth fund 1MDB, officials said on Friday .
Billions of dollars were looted from 1MDB in a fraud that spanned the globe, with the money spent on everything from a super-yacht to art. They added that the case against him had been withdrawn, with the money to be transferred into a 1MDB trust account.
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