KUALA LUMPUR (Reuters) – Corporate services provider Amicorp Group has denied allegations it knowingly facilitated more than $7 billion in fraudulent transactions related to the misappropriation of funds from Malaysian state fund 1Malaysia Development Berhad.
Amicorp will defend itself and dispute the relief sought by 1MDB in court following a legal claim of more than $1 billion filed by the Malaysian sovereign wealth in the British Virgin Islands, Amicorp said in a statement late on Monday.
