Wall Street Journal or the Journal
strikes again with another accusation that PetroSaudi International Ltd – which
is deeply involved in the 1MDB scandal – used part of the embattled Malaysian
sovereign arm cash for a project in Venezuela. This is part of the tracing of
the 1MDB money by the Journal, which together with the Sarawak Report, broke
most of the stories on the 1MDB scandal. The Journal said Venezuela’s
investigation into executives of its state oil company over a contract that the
firm entered into with PetroSaudi International Ltd. marks the second time that
investigators are known to have scrutinized a business partner of the
Riyadh-based energy-investment startup. More…
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