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U.S. files complaint seeking to recover stolen 1MDB funds
June 15, 2017 / 3:35 PM / 3 months ago

U.S. files complaint seeking to recover stolen 1MDB funds

WASHINGTON, June 15 (Reuters) - The U.S. Justice Department on Thursday announced the filing of complaints seeking to recover about $540 million in funds taken from the 1Malaysia Development Berhad sovereign wealth fund, the latest legal action tied to alleged money-laundering at the scandal-tainted fund.

In the complaints, the department alleges more than $4.5 billion belonging to the wealth fund was taken by high-level fund officials and their associates. (Reporting by Tim Ahmann)

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