Injunction lifted in fight over funds tied to 1MDB
Malaysia’s former prime minister Najib Razak was implicated in the 1MDB scandal (Credit: Shutterstock/Lens Hitam)
A London court has lifted an injunction that prevented Clyde & Co from transferring US$340 million to its Saudi-owned client to comply with an UNCITRAL award – funds that US and Malaysian prosecutors allege can be traced to the 1MDB corruption scandal.
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