Prized art leads to money trail


PETALING JAYA: The US Justice Department has reached an agreement with 1Malaysia Development Berhad (1MDB) former general counsel Jasmine Loo (pic).

It said in a statement that the agreement is to “recover artwork by Pablo Picasso and a financial account in Switzerland traced to funds allegedly embezzled from 1MDB”.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
1mdb , jasmine loo

Next In Nation

Unity and harmony vital to preserve Malaysians' well-being, says Tiong
Steven Sim hospitalised for extreme fatigue
Two men arrested for domestic violence and intimidation in Tawau
No price gouging during Ramadan, Sabah consumer group urges businesses
Fashion designer Jovian Mandagie fails in appeal against bankruptcy order
Police hunt 36 wanted individuals
Bills to limit PM’s tenure, split AG–PP roles to be tabled Monday
Fisheries Act amendment to strengthen marine mammal conservation
Thousands affected as overnight downpour triggers Paitan floods
Three rural areas in Sabah declared disaster zones after floods

Others Also Read