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Swiss court convicts two executives over .8 billion 1MDB fraud
August 28, 2024August 28, 2024by In World

Swiss court convicts two executives over $1.8 billion 1MDB fraud

By John Revill Swiss court convicts two executives over $1.8 billion 1MDB fraud BELLINZONA, Switzerland -The Swiss Federal Criminal Court convicted on Wednesday two executives at an oil exploration company for embezzling more than $1.8 billion from Malaysia’s state investment fund 1MDB. Swiss-British national Patrick Mahony and Swiss-Saudi Tarek Obaid were also ordered to pay...