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PetroSaudi execs receive jail sentences for stealing over RM7.8bil from 1MDB

Summary by New Strait Times
BELLINZONA, Switzerland: A top Swiss court sentenced two PetroSaudi executives to jail terms on Wednesday after finding them guilty of embezzling US$1.8 billion (about RM7.8 billion) from Malaysia’s 1Malaysia Development Bhd (1MDB) sovereign wealth fund. © New Straits Times Press (M) Bhd

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New Strait Times broke the news in Malaysia on Wednesday, August 28, 2024.
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