Malaysia's 1MDB files legal claim against Amicorp Group alleging over $7 billion in fraud

investing.com • 23/12/2024 - 03:53 AM

1MDB Files Legal Claim Against Amicorp Group

KUALA LUMPUR – Scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB) has filed a legal claim against the corporate services provider Amicorp Group and its CEO.
1MDB alleges that Amicorp facilitated over $7 billion in fraudulent transactions. The announcement was made by 1MDB on Monday.

Reuters is reaching out to Amicorp Group for a comment.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Greed

    63