Financial Crime Financial Crime

PetroSaudi fights for license to pay creditors with cash linked to 1MDB corruption scandal

By Martin Coyle
  • 18 Nov 2021 10:31
  • 18 Nov 2021 10:31
PetroSaudi Oil Services, which is at the center of a corruption scandal, has won more time to persuade a London court to be allowed to keep paying debts from a $325 million fund that US judges recently ruled can be targeted for seizure by prosecutors.

In October a California court ruled that the US

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