Riza Admits He Stole 1MDB Money - Pays US$60 Million!
While the Malaysian Government has yet to recover anything of significance from former PM Najib Razak and his family, the US Department Of Justice continues to identify and recover 1MDB linked assets from family members like step son Riza Aziz.
The US$ 60 Million settlement Riza and friends entered into with the DOJ in March last year (see Sarawak Report story above) does not seem to have stopped the DOJ from pursuing them for 1MDB linked assets.
In further action announced three weeks ago the DOJ announced that it had seized a further USD 38 Million in assets. See DOJ press release and documents below. Meanwhile in Malaysia Najib's 1MDB linked charges continue to be delayed,postponed and pushed on to no foreseeable conclusion.
First recall this report of a settlement in March 2018:
Now see links at
The defendants in this action are: (1) up to $28,174,145.52 in escrow account number ‘7176 held by escrow agent Squire Patton Boggs (US) LLP at Huntington National Bank;
(2) up to $1,148,739.35 in account number ‘6111 held in the name of Christopher Joey McFarland at Barclays Bank of Delaware; and
(3) up to $162,486.88 in account number ‘9340 held in the name of Christopher Joey McFarland at Fidelity Investments, Inc., all of which being traceable to equity in COMPANY 1, a facilities management company headquartered in Newport, Kentucky (“DEFENDANT ASSETS”).
3. The persons and entities whose interests may be affected by this action are Riza Shariz Bin Abdul Aziz, Christopher Joey McFarland,Nina Partners, LLC, Red Granite Investment Holdings, LLC, and Red Granite Pictures, LLC.