The claim was filed in the British Virgin Islands against eight Amicorp entities and its Chief Executive Officer Toine Knipping, alleging that they played a vital role in enabling the sovereign wealth fund to be defrauded between 2009 and 2014, 1MDB said in a statement.

Channel News Asia

Singapore

Malaysia's 1MDB files legal claim against Amicorp Group alleging over $7 billion in fraud

The claim alleges Hong Kong-headquartered Amicorp of creating shell companies and enabling the misappropriation of funds between 2009 and 2014.

Ad Fontes Media

All Sides

Media Bias/Fact Check

South China Morning Post

Alibaba Group

Hong Kong

Malaysia’s 1MDB sues ‘dishonest’ Amicorp for US$1 billion for alleged fraud

KUALA LUMPUR: Scandal-hit Malaysian state fund 1Malaysia Development Berhad has filed a legal claim against corporate services provider Amicorp Group and its CEO alleging it facilitated over US$7 billion in fraudulent transactions, 1MDB said on Monday.  The claim was filed in the British Virgin Island

Government of Singapore

1MDB says Amicorp knew it was involved in a money laundering scheme.

The Straits Times

Singapore Press Holdings

Malaysia’s 1MDB seeks $1.35b from Amicorp for alleged fraud

Amicorp Group denies it knowingly facilitated billions of dollars in fraudulent transactions related to the pilfering of funds from a Malaysian state fund.

The West Australian

Kerry Stokes

Australia

Amicorp denies fraud of over $11b in Malaysia scandal

Malaysia’s troubled state wealth fund 1Malaysia Development Bhd. has filed a $1 billion claim against a Hong Kong-based corporate services provider to recover its stolen assets.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

United States

1MDB Files $1 Billion Claim Against Amicorp to Recover Assets

VOA News

U.S. Agency for Global Media

Malaysia's 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud

PerthNow

City of Perth

Western Australia

The scandal-hit fund says Amicorp ‘played a vital role’ in facilitating the laundering of more than $7bn.

Al Jazeera

Qatar

Malaysia’s scandal-hit 1MDB sues Amicorp, seeks $1bn for alleged fraud

Amicorp Group Denies Role in $7 Billion 1MDB Scandal  Amicorp Group has firmly denied allegations that it knowingly aided in facilitating more than $7 billion worth of fraudulent transactions tied to the controversial Malaysian state fund, 1Malaysia Development Berhad (1MDB).A contentious legal battle looms as Amicorp prepares to contest a legal claim exceeding $1 billion made by 1MDB in the British Virgin Islands court. The claim accuses Amicor…

Devdiscourse

India

Amicorp Group Denies Role in $7 Billion 1MDB Scandal

KUALA LUMPUR (Reuters) -Corporate services provider Amicorp Group has denied allegations it knowingly facilitated more than $7 billion in fraudulent transactions related to the misappropriation of funds from scandal-hit Malaysian state fund 1Malaysia Development Berhad. Amicorp will defend itself and dispute the relief sought by 1MDB in court following a legal claim of more than $1 billion filed by the Malaysian sovereign wealth fund in the Brit…

WTVB

Midwest Communications

Amicorp Group denies alleged fraud of over $7 billion in Malaysia’s 1MDB scandal

Malaysia's 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud

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