On 28 August, the Swiss Federal Criminal Court convicted Saudi-Swiss businessman Tarek Obaid and his Swiss-British partner Patrick Mahony for embezzling over US$1.8 billion from 1MDB....
Swiss prosecutors seek long prison terms for duo accused of embezzling US$1.8B from 1MDB, labeling it the "scam of the century." Described as "calculating" and "greedy,"...