German authorities seize four Bugatti Veyron in 1MDB-linked investigation in Switzerland
KUALA LUMPUR, April 28 -- Four special edition Bugatti Veyron sports cars believed to be linked to the 1Malaysia Development Berhad (1MDB) scandal have been confiscated by the authorities in Germany.
German tabloid Bild reported that the luxury cars were confiscated by Germany's Criminal Investigation Department 7, which specialises in white-collar crimes, from a private storage facility in Munich last week as part of an ongoing investigation into the Malaysian sovereign investment fund.
According to the German newspaper, the seizure took place as part of a request for legal assistance from the Federal Prosecutor's Office in Bern, Switzerland.
Presently, PetroSaudi chief executive Tarek Obaid and Patrick Mahony, a director at the Saudi...
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