Swiss prosecutors said Tuesday they have indicted two managers of a Saudi oil exploration company as part of a yearslong international investigation of a scandal linked to a Malaysian sovereign wealth fund that the FBI once described as the “biggest kleptocracy case” ever.
The office of Switzerland's attorney general said the two PetroSaudi managers were accused of trying to enrich themselves and others by misappropriating at least $1.8 billion transferred to the 1Malaysia Development Berhad fund. Swiss officials did not name the pair, citing privacy reasons.
