Malaysia’s first lady linked to $30 mln worth of jewelry bought with 1MDB funds

imageNearly $30 million of funds stolen from scandal-hit 1Malaysia Development Berhad (1MDB) was used to buy jewelry for the prime minister’s wife, including a rare 22-carat pink diamond set in a necklace, according to the latest filings by the U.S. Justice Department in a civil lawsuit.

The filings lodged at the U.S. District Court in Los Angeles on Thursday did not identify Prime Minister Najib Razak or his wife Rosmah Mansor by name, but said the jewelry purchases were for the wife of “Malaysian Official 1.”

Malaysian and U.S. government sources have previously confirmed that “Malaysian Official 1” refers to Najib.

The diamond necklace set alone cost $27.3 million, according to the latest filings in a lawsuit that was launched last July….

source: Reuters

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