Malaysia said to have seized $240m from Chinese state firm's bank account

Malaysia said to have seized $240m from Chinese state firm's bank account

Petaling Jaya, Malaysia. Photo by nik radzi on Unsplash

Malaysia has seized more than 1 billion ringgit ($243.25 million) from a bank account of state-ownedMALAS Ltd (CPP), the Straits Times newspaper said on Saturday.