DOJ moves to seize RM1.34b in '1MDB-linked funds' from UK law firm

The US Department of Justice has initiated a process to seize US$330 million (RM1.343 billion) from a top law firm in the UK.

The DOJ, through the UK’s National Crime Agency, served a warrant on Clyde & Co’s London office.

The warrant targeted US$330 million held by Clyde & Co on behalf of a client at the National Westminster Bank, according to UK-based The Guardian which sighted the court documents.

The DOJ believed the monies are linked to the proceeds of stolen...