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Weekly Roundup: ‘El Chapo’ Arrives in New York, 1MDB Suspect’s Family Changes Trustees, and More
printMexican drug kingpin Joaquin "El Chapo" Guzman has been extradited to the United States to face charges of money laundering, drug trafficking and other violations, the Miami Herald reported. More A New Zealand court ruled that the family of Malaysian financier Jho Low, who is suspected of having played a key role in the embezzlement of more than $3.5 billion from state fund 1Malaysia Development Bhd., can transfer their title to $650 million in assets-including U.S. based holdings-from his current trustee in Switzerland to a new manager in the Cayman Islands amid U.S. efforts to seize them, Bloomberg reported. More...
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