20-07-2016 21:56 via news.yahoo.com

U.S. sues to seize $1 billion in assets tied to Malaysian state fund

By Julia Edwards WASHINGTON (Reuters) - U.S. prosecutors sued on Wednesday to seize more than $1 billion in assets they said were tied to an international scheme to launder money stolen from the Malaysian state fund 1MDB, which was overseen by Prime Minister Najib Razak and used to finance the Hollywood film "Wolf of Wall Street" and to buy property and famous works of art. Civil lawsuits filed in federal court did not name Najib, referring instead to "Malaysian Official 1." Some of the allegati
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