US Justice Department reaches agreement with 1MDB-linked Jasmine Loo


PETALING JAYA: The Justice Department in the United States has reached an agreement with 1Malaysia Development Berhad (1MDB) former general counsel Jasmine Loo Ai Swan.

It said in a statement on Wednesday (July 23) that the agreement is to "recover artwork by Pablo Picasso and a financial account in Switzerland traced to funds allegedly embezzled from 1MDB".

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