US DoJ moves to seize New York luxury apartment bought with alleged 1MDB funds tied to Jho Low’s personal assistant

Feds Seize New York Luxury Condo Bought With Stolen Malaysian Billions - Tampa Free Press

The U.S. Justice Department has secured a forfeiture order for a luxury apartment in New York City, along with its rental income, all tied to the massive 1MDB international money-laundering scandal. The move wraps up a civil forfeiture case in the U.S. District Court for the Central District of California. Federal prosecutors aimed to claw […] Feds Seize New York Luxury Condo Bought With Stolen Malaysian Billions

US DoJ moves to seize New York luxury apartment bought with alleged 1MDB funds tied to Jho Low’s personal assistant

KUALA LUMPUR, May 28 — The United States Department of Justice has secured a court order forfeiting a luxury apartment in New York allegedly purchased using funds misappropriated from 1Malaysia Development Berhad (1MDB), in the latest recovery linked to the sprawling global corruption scandal.The US Department of Justice (DOJ) said yesterday that the forfeiture also covered rental income generated from the property, resolving a civil case seekin…

US seizes luxury New York condo bought for Jho Low’s aide with 1MDB funds

The US justice department said the court order brings to a close a civil forfeiture case seeking the recovery of over US$6 million in assets associated with an international conspiracy to launder funds misappropriated from 1MDB. (EPA Images pic) PETALING JAYA: US authorities have obtained a court order to seize a luxury condominium unit in New York City that was allegedly bought with funds misappropriated from 1MDB. The US justice department (Do…

US seizes luxury apartment bought with 1MDB funds for Jho Low’s aide

KUALA LUMPUR (May 28): US authorities have secured a court order to seize a luxury apartment in New York that was bought using funds allegedly misapp...