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Malaysia seizes $240 mln from Chinese state firm's bank account -paper

Published on: Sunday 14 July 2019

Malaysia seizes $240 mln from Chinese state firm's bank account -paper KUALA LUMPUR, July 14- Malaysia has seized more than 1 billion ringgit from a bank account of state-owned China Petroleum Pipeline Engineering Ltd, the Straits Times newspaper said on Saturday. The seizure comes nearly a year after Malaysia suspended two pipeline projects, valued at $2.3 billion, on which CPP was the lead contractor. In 2016, CPP won a contract...



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