Authorities Recover $1.3 Million USD Picasso Drawing Tied to 1MDB Scandal

Federal authorities have recovered a $1.3 million USD Pablo Picasso drawing connected to the 1MDB scandal, a massive corruption case involving Malaysia's sovereign wealth fund. Jasmine Loo Ai Swan, former general counsel for 1MDB, agreed to surrender the Picasso and a Swiss bank account tied to embezzled funds, totaling around $1.8 million USD, according to the U.S. Justice Department.Jho Low, the alleged mastermind behind the 1MDB fraud, remains a fugitive. From 2009 to 2015, over $4.5 billion ...