The U.S. government filed lawsuits aiming to seize a London penthouse with views of Buckingham Palace and a nearby office that served as headquarters for a lingerie company because it believes the properties were acquired with funds from a financial scandal in Malaysia. The penthouse, office building and another flat are all located on Stratton Street opposite the Ritz hotel in the upmarket Mayfair district. They were acquired with £77 million ($98 million) which financier Jho Low got from a Malaysian state fund called...

Source: Wall Street Journal June 12, 2017 20:37 UTC