Civil lawsuits filed in federal court on Wednesday did not name Malaysian premier Najib Razak, referring instead to "Malaysian Official 1." A source familiar with the investigation confirmed that "Malaysian Official 1" is Najib. The U.S. Department of Justice said $681 million from a 2013 bond sale by sovereign wealth fund 1MDB was transferred to the account of "Malaysian Official 1." About half the seized assets belonged to Malaysian financier Low Taek Jho, known as "Jho Low", and his immediate family. He is described in court papers as "a high-ranking official in the Malaysian government who also held a position of authority with 1MDB."

Source: Thanhnien News July 21, 2016 08:48 UTC