Ex-US official admits charges linked to Malaysian scandal
Source: Associated Press
WASHINGTON (AP) A former Justice Department official admitted his role Friday in a multimillion-dollar effort to try to get the United States to drop its investigation into a money laundering and bribery scheme that pilfered billions from a Malaysian investment fund.
George Higginbothams guilty plea in federal court in Washington marked the first public acknowledgement of a secret attempt to pressure American officials to drop their probe of the fund known as 1MDB.
The massive corruption investigation, which upended Malaysian politics, spanned the globe with the money from the fund gambled in Las Vegas, spent on diamond jewelry and a luxury yacht and used to finance the Wolf of Wall Street and other Hollywood productions. The long-ruling coalition in Malaysia was ousted in a May election, and then-Prime Minister Najib Razak, who set up the fund, now faces criminal charges there.
Prosecutors say Higginbotham, who worked on the congressional affairs staff in the Justice Departments Office of Justice Programs, helped open bank accounts and created false loan documents for shell companies to pay an influential person to pressure officials to drop their probe. That persons identity wasnt revealed in court.
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By MICHAEL BALSAMO
18 minutes ago
Read more: https://apnews.com/05613df8082e42878d6c205c6e6658f1