Firms Connected To 1MDB Scandal Seek Ch. 15 In US

By Clara Geoghegan (February 16, 2024, 11:31 AM EST) -- Liquidators overseeing the bankruptcies of five alleged shell companies that they say received an estimated $1.5 billion from 1Malaysia Development Bhd., a Malaysian government-owned fund at the heart of an international corruption scandal, asked a Florida bankruptcy court to grant Chapter 15 recognition of their British Virgin Islands liquidations....

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