Friday, February 8, 2019

New York's Park Lane Hotel Stake Sold As Part Of 1MDB Recovery

New York's Park Lane Hotel stake sold as part of 1MDB recovery

NEW YORK] A stake in New York's Park Lane Hotel has been sold to an Abu Dhabi sovereign wealth fund as part of the US Justice Department's efforts to recover billions of dollars that flowed through Malaysia's scandal-plagued 1MDB investment fund. Read more at The Business Times.

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