Tag - Two Executives

Swiss court convicts executives over US$1.81bil 1MDB scandal

BELLINZONA (Reuters): The Swiss Federal Criminal Court on Wednesday convicted two executives at an oil exploration company accused of embezzling over US$1.8bil from Malaysia's state investment fund 1MDB. The verdict was the latest episode in the 1MDB scandal, a complex tale of international corruption that has buffeted a slew of financial institutions and individuals across the...