22.08.2016 - 1MDB linchpin Khadem Al Qubaisi arrested by Abu Dhabi authorities
Abu Dhabi authorities have arrested Khadem Al Qubaisi, who authorities say is a key figure in an alleged multi-billion-dollar fraud related to a Malaysian sovereign wealth fund. The arrest last week was made in relation to an Abu Dhabi investigation into fraud and corruption, which includes Mr Qubaisi’s alleged role in the 1Malaysia Development Berhad, known as 1MDB, affair. No charges have been filed against him. Qubaisi was previously restricted from leaving the United Arab Emirates and had his ­assets in the country frozen, The Wall Street Journal reported in April...............................................Full Article: Source
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