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Trial of PetroSaudi bosses accused of 1MDB theft begins today

trial-of-petrosaudi-bosses-accused-of-1mdb-theft-begins-today

TWO key collaborators in PetroSaudi International accused of stealing US$1.83 (RM8.6) billion of 1MDB funds through a bogus joint venture will be brought to trial today.

Tarek Obaid and Patrick Mahony are accused by Swiss prosecutors of having enriched themselves from the theft.