The Justice Department filings refer to "Malaysian Official 1," described as a "high-ranking official" in the Malaysian government with control over 1MDB. WASHINGTON - The US Justice Department has moved to seize more than US$1 billion in assets including luxury real estate and a jet allegedly bought with money pilfered from the 1MDB state investment fund. They also identified nearly 20 other assets, including lavish real estate from Beverly Hills to a penthouse in New York’s Time Warner Center to London’s high-end Belgravia neighborhood. Prosecutors are seeking to seize future film royalties owed to a firm owned by Riza Aziz, Najib’s stepson, including those from the hit Martin Scorsese film that starred Leonardo DiCaprio. According to the Justice Department filing, "Malaysian Official 1" was the "ultimate beneficiary" of bank local Malaysia bank account which held tens of millions of allegedly misappropriated funds.

Source: Viet Nam News July 21, 2016 04:07 UTC