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Malaysia eyes legal proceedings vs foreign banks linked to 1MDB graft

By Inquirer - 10 months ago
KUALA LUMPUR  – Malaysia is considering initiating legal proceedings against foreign banks linked to the multi-billion dollar 1Malaysia Development Berhad (1MDB) corruption scandal, the chairman of the 1MDB asset recovery taskforce said on Tuesday. Johari Abdul Ghani did not name the foreign banks but said they did not conduct proper due diligence before facilitating fund

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