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Archive for June 23rd, 2017

Address DoJ’s 1MDB suit or quit, Kit Siang tells Cabinet

DAP elder criticises Mohamed Apand Ali over ‘no request from DoJ’ remark, reminding him of Swiss AG’s criticism over lack of cooperation from Malaysian authorities. PETALING JAYA: There should be only one primary concern on the minds of the Malaysian Cabinet when it meets next Wednesday, says Lim Kit Siang, and that is the United […]

US moves to seize Leonardo DiCaprio’s Picasso, ‘stolen’ funds in 1MDB case

LOS ANGELES (REUTERS) – US authorities moved on Thursday (June 15) to seize a Picasso painting given to American movie star Leonardo DiCaprio and the rights to two Hollywood comedies, as they filed complaints to recover about US$540 million (S$746 million) they say was stolen from the 1Malaysia Development Berhad (1MDB) sovereign wealth fund.