U.S. set to seize assets tied to Malaysian fund 1MDB - media

U.S. federal prosecutors are set to file civil lawsuits seeking to seize assets of more than $1 billion linked to scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB), media reports said on Wednesday. Authorities are expected to file lawsuits in the United States as soon as Wednesday morning, the Wall Street Journal and the New York Times said. The Times said the U.S. government would seize assets worth more than $1 billion that it believes was stolen from the Malaysian sovereign