This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

1MDB becomes subject of US criminal investigation

( August 11, 2017, 03:27 GMT | Insight) -- The US Department of Justice has started a criminal investigation of the international money laundering scandal surrounding Malaysian state fund 1Malaysia Development Berhad, Bloomberg reports. The US Department of Justice has started a criminal investigation of the international money laundering scandal surrounding Malaysian state fund 1Malaysia Development Berhad, Bloomberg reports. Court filings by the DOJ on Aug. 10 show that the US is escalating its probe in a worldwide criminal investigation in addition to its civil investigation. DOJ officials have asked a US judge to put on hold civil forfeiture lawsuits against assets acquired by Malaysian financier Low Taek Jho, also known as Jho Low, and others involved with 1MDB, because pursuing those cases may result in the destruction of evidence, flight of potential targets and intimidation of potential witnesses....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections