The U.S. government has filed lawsuits seeking to seize $1 billion in assets that it claims were diverted from the 1Malaysia Development Berhad fund by Malaysian government officials. Among those named in the lawsuits are financier Jho Low, who recently made major purchases for works by Vincent van Gogh and Claude Monet, seized by Swiss officials on suspicion that they were purchased with the appropriated funds.Read more at Reuters
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U.S. Government Files Lawsuit, Seizes van Gogh and Monet Works in Connection with Malaysian State Funds Disappearance
