White & Case Faces $1.83 Billion Lawsuit Over Involvement in Malaysia’s 1MDB Scandal






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The international law firm White & Case has been embroiled in a $1.83 billion lawsuit regarding its involvement in the Malaysia state fund scandal. At the heart of the legal action is the 1Malaysia Development Berhad (1MDB), which claims it was misled into believing that PetroSaudi, their business partner, was owned by the late Saudi King Abdullah. This misrepresentation reportedly played a pivotal role in the decisions related to the investment strategy and overall dealings between the entities.

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