Swiss court convicts 2 top PetroSaudi executives in fallout from 1MDB Malaysian fund scandal
Associated Press GENEVA (AP) — A Swiss criminal court has convicted two top managers of a Saudi oil company facing charges including fraud and money laundering in a scam that swiped at least $1.8 billion from a Malaysian state-owned investment fund. PetroSaudi executive Tarek Obaid, a Saudi-Swiss dual national, received a seven-year sentence and British-Swiss
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