Monday, February 25, 2019

US DoJ Traces 1MDB US$73.5m Funds To Saudi Associates, Najib's Stepson, Joey McFarland

Report: US DoJ traces 1MDB US$73.5m funds to Saudi associates, Najib's stepson, Joey McFarland

KUALA LUMPUR, Feb 24 - A 2013 1Malaysia Development Berhad (1MDB) bond offering was diverted to the private accounts of the sovereign fund's one-time senior executive and two Saudi Arabians who later funnelled part of the money to the Hollywood production company co-founded by Riza Aziz and Joey McFarland, according to Malaysiakini.

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