US says $330m held in Clyde & Co account in London is linked to Malaysian fraud scandal

The US Department of Justice (DoJ) has served an arrest warrant on a top London law firm in an effort to seize hundreds of millions of dollars – alleged to be the proceeds of a major international fraud – which it is holding on behalf of a client.

According to court records reviewed by the Guardian, the UK’s National Crime Agency (NCA) served the warrant at the central London offices of the elite firm Clyde & Co, on behalf of the DoJ.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *