(July 11): Some US$7 billion ($9.5 billion) in funds from 1Malaysia Development Bhd (1MDB) has circulated in the global financial system, Switzerland Attorney-General Michael Lauber told the press at a media session in Putrajaya on Tuesday, reported The Edge Financial Daily.

Lauber also clarified that the Swiss government had frozen some 400 million Swiss francs ($548 million) in Switzerland said to be linked to the troubled Malaysias state investment fund which has seen at least US$3.5 billion siphoned off.

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