Trowers & Hamlins and Travers Smith have taken the lead roles on a property deal that has seen SJ Berwin's London headquarters acquired for # 165m by
a Malaysian sovereign wealth fund.
American officials are trying to recoup more than $ 1 billion that they say was taken from 1MDB,
a Malaysian sovereign wealth fund, and spent by family and friends of the country's prime minister, Najib Razak, pictured.
HONG KONG — In 2012, with help from Goldman Sachs,
a Malaysian sovereign wealth fund called 1Malaysia Development Berhad sold $ 3.5 billion worth of bonds backed by an Abu Dhabi government fund to help it purchase power plants.