1MDB-linked Khadem arrested in UAE

The Wall Street Journal reported that the Abu Dhabi police had arrested Khadem Al-Qubaisi, a key person in the 1MDB money laundering scandal.

However, the report said no charges had been filed against him yet.

Khadem has been earlier barred from leaving the United Arab Emirates and has had his assets in the country frozen.

Last month, the United States Department of Justice sought to forfeit over US$1 billion worth of assets related to the money laundering of stolen 1MDB fund.