The revelation marks another setback for the development fund that previously helped finance Hollywood mega-hit ‘The Wolf of Wall Street.’
June 16, 2017
‘Nearly US$30 million (S$41.5 million) of funds stolen from scandal-hit 1Malaysia Development Berhad (1MDB) was used to buy jewellery for the prime minister’s wife, including a rare 22-carat pink diamond set in a necklace, according to latest filings by the United States Justice Department in a civil lawsuit.
The filings lodged at the US District Court in Los Angeles on Thursday (June 15) did not identify Prime Minister Najib Razak or his wife Rosmah Mansor by name, but said the jewellery purchases were for the wife of “Malaysian Official 1”.
Malaysian and US government sources have previously confirmed that “Malaysian Official 1” refers to Najib.’