Archipel Achieves Landmark Success in 1MDB Fraud Recovery with $3 Billion Judgment
Geneva
30 October 2024
Archipel achieves major success for its clients in 1MDB fraud recovery
Archipel is delighted to announce a significant achievement in the 1MDB fraud recovery.
In a landmark and widely reported judgment, the Swiss Federal Criminal Court yesterday ordered civil damages, forfeiture, interest, and equivalent claims worth a combined USD 3 billion.
Guillaume Tattevin, Lezgin Polater and Joanna Didisheim of Archipel acted for 1MDB and Brazen Sky in these Swiss proceedings, as part of a broader international recovery initiative involving collaboration with numerous authorities and firms, aimed at returning defrauded assets to 1MDB and the Malaysian people.
This accomplishment underscores the effectiveness of asset recovery processes in Switzerland and highlights the power of cross-border cooperation in tackling complex financial crimes.
Thank you Dato' Lim Chee Wee, Lim Chee Wee Partnership (LCWP), Pang Huey Lynn, Angela Barkhouse, Richard Templeman, Stephen Baker, Lynne Gregory, Arthur Préget for your continued trust and support along the years.
In a landmark and widely reported judgment, the Swiss Federal Criminal Court yesterday ordered civil damages, forfeiture, interest, and equivalent claims worth a combined USD 3 billion.
Guillaume Tattevin, Lezgin Polater and Joanna Didisheim of Archipel acted for 1MDB and Brazen Sky in these Swiss proceedings, as part of a broader international recovery initiative involving collaboration with numerous authorities and firms, aimed at returning defrauded assets to 1MDB and the Malaysian people.
This accomplishment underscores the effectiveness of asset recovery processes in Switzerland and highlights the power of cross-border cooperation in tackling complex financial crimes.
Thank you Dato' Lim Chee Wee, Lim Chee Wee Partnership (LCWP), Pang Huey Lynn, Angela Barkhouse, Richard Templeman, Stephen Baker, Lynne Gregory, Arthur Préget for your continued trust and support along the years.
