1MDB Sues PetroSaudi Executive for $1.83 Billion Over 2009 Joint Venture

The Malaysian state fund alleges Patrick Mahony's involvement in a fraudulent scheme that led to significant financial losses.

1MDB claims the joint venture was a 'sham' orchestrated to misappropriate funds.
Patrick Mahony is accused of aiding former Prime Minister Najib Razak and others in the scheme.
The lawsuit also names the UK-based law firm White & Case LLP as a defendant.
The scandal has resulted in an estimated $4.5 billion loss for Malaysia.
Former Prime Minister Najib Razak has been sentenced to jail for his role in the scandal.