PetroSaudi | Asian Legal Business

Malaysia's 1MDB sues PetroSaudi exec, White & Case

BY Reuters | 29 May 24

Malaysia's scandal-hit state fund 1Malaysia Development Berhad (1MDB) has filed a lawsuit against a top PetroSaudi International executive seeking the return of $1.83 billion invested in a joint venture, state news agency Bernama reported on Thursday.

U.S. lays claim on $330 mln of alleged 1MDB assets held by Clyde & Co: reports

BY Aparna Sai | 29 Sep 20

The U.S. Department of Justice (DOJ) has filed civil forfeiture proceedings against $330 million of assets held in escrow by Clyde & Co that the former says are related to the multibillion-dollar scandal surrounding Malaysian state fund 1Malaysia Development Berhad (1MDB).