December 27, 2016
The Malaysian sovereign wealth fund 1Malaysia Development Bhd. (1MDB) is currently tied up in a multibillion-dollar, decades-long, international money-laundering scandal. Hundreds of millions of dollars were allegedly passed through law firm–pooled accounts in the U.S., federal prosecutors said in lawsuits filed in July. The Justice Department reported that from 2009 through 2015, more than $3.5 […]
