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The Nexus
WORLDMay 27 · 18:49 UTCKTLA 5Will Conybeare

Luxury New York apartment forfeited in suit involving corrupt 1MDB organization

A luxury New York apartment linked to funds misappropriated from Malaysia's 1MDB sovereign wealth fund has been forfeited in a U.S. civil case. The U.S. Justice Department recovered $6 million in assets tied to an international money laundering conspiracy involving 1MDB.

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