1MDB: Leissner's forfeited Celcius shares belong to me, ex-wife tells court
This article is a year old
Model cum entrepreneur Kimora Lee Simmons has claimed that shares worth about US$93 million (RM413 million) that a US court ordered her ex-husband Tim Leissner to forfeit in connection with the 1MDB scandal actually belonged to her.
In a filing before a federal judge in Brooklyn, New York on Friday, Simmons said that the 892,732 shares in Celsius Holdings Inc, a fitness drink maker, were purchased with her money earned from her modeling career and her Baby Phat clothing line.
“Simmons has established that...
Verifying user
RM12.50 / month
- Unlimited access to award-winning journalism
- Comment and share your opinions on all our articles
- Gift interesting stories to your friends
- Tax deductable