Jail terms sought for accused in US$1.8 billion 1MDB fund fraud

Prosecutors also requested the detention of the two due to the perceived risk of flight in the gap between the trial and the verdict. Obaid is a Swiss-Saudi dual national, while Mahony is Swiss-British. Obaid’s lawyer Daniel Zappelli highlighted the absence of Najib and Low, and said there were variations in the amounts that the … Read more