{"id":22825,"date":"2020-09-18T14:00:16","date_gmt":"2020-09-18T05:00:16","guid":{"rendered":"https:\/\/www.theguardian.com\/world\/2020\/sep\/18\/us-moves-to-seize-330m-of-alleged-1mdb-assets-held-by-uk-law-firm"},"modified":"2020-09-18T14:00:16","modified_gmt":"2020-09-18T05:00:16","slug":"us-moves-to-seize-330m-of-alleged-1mdb-assets-held-by-uk-law-firm","status":"publish","type":"post","link":"https:\/\/eastasianews.net\/wp\/?p=22825","title":{"rendered":"US moves to seize $330m of alleged 1MDB assets held by UK law firm"},"content":{"rendered":"<p>Department of Justice says money in Clyde &amp; Co\u2019s account allegedly linked to Malaysian fraud scandal<\/p>\n<p>The US Department of Justice (DoJ) has moved to seize $330m (\u00a3256m) held in the <a href=\"https:\/\/www.theguardian.com\/world\/2020\/aug\/03\/340m-in-london-law-firms-account-suspected-of-1mdb-connection\">bank account of a major London law firm <\/a>which prosecutors allege is derived from the proceeds of one of <a href=\"https:\/\/www.theguardian.com\/world\/2018\/oct\/25\/1mdb-scandal-explained-a-tale-of-malaysias-missing-billions\">the world\u2019s largest financial frauds<\/a>.<\/p>\n<p>The DoJ has filed civil forfeiture proceedings against funds held by City firm Clyde &amp; Co, which prosecutors said they have traced to an \u201cinternational conspiracy\u201d that allegedly laundered money stolen from the Malaysian state investment fund <a href=\"https:\/\/www.theguardian.com\/world\/1mdb\">1MDB<\/a>.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/world\/2020\/sep\/18\/us-moves-to-seize-330m-of-alleged-1mdb-assets-held-by-uk-law-firm\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Department of Justice says money in Clyde &amp; Co\u2019s account allegedly linked to Malaysian fraud scandalThe US Department of Justice (DoJ) has moved to seize $330m (\u00a3256m) held in the bank account of a major London law firm which prosecutors allege is &#8230;<\/p>\n","protected":false},"author":1430,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"sns_share_botton_hide":"","vkExUnit_sns_title":"","_vk_print_noindex":"","sitemap_hide":"","_veu_custom_css":"","veu_display_promotion_alert":"","vkexunit_cta_each_option":"","footnotes":""},"categories":[68,6,70,748,42],"tags":[],"class_list":["post-22825","post","type-post","status-publish","format-standard","hentry","category-1mdb","category-business","category-malaysia","category-venezuela","category-world-news"],"aioseo_notices":[],"veu_head_title_object":{"title":"","add_site_title":""},"_links":{"self":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/users\/1430"}],"replies":[{"embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22825"}],"version-history":[{"count":1,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22825\/revisions"}],"predecessor-version":[{"id":22826,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=\/wp\/v2\/posts\/22825\/revisions\/22826"}],"wp:attachment":[{"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eastasianews.net\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}