Switzerland indicts Petrosaudi duo over US$1.8b 1MDB fraud

The Swiss Attorney-General’s Office (OAG) has filed an indictment against two Petrosaudi managers over allegations that they helped misappropriate US$1.8 billion (RM8 billion) from 1MDB to enrich themselves and others.

This is over a transfer of US$1 billion in 2009, and another US$830 million between 2010 and 2011.

The indictment at...