U.S. set to seize assets tied to Malaysian fund 1MDB: WSJ

U.S. federal prosecutors are set to file civil lawsuits seeking to seize assets linked to scandal-hit Malaysian state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal reported on Wednesday citing unnamed sources. Officials at the Malaysian prime minister's office said they were yet to read the report. 1MDB, which was founded by Malaysian Prime Minister Najib Razak in 2009 shortly after he came to office, is being investigated for money-laundering in at least six countries includ