The $1.7m set was allegedly bought by fugitive financier Jho Low with stolen 1MDB money
Diamonds are pictured during an official presentation by diamond producer Alrosa in Moscow, Russia Ferbuary 13, 2019. Picture: REUTERS / MAXIM SHEMETOV
On Wednesday, US prosecutors said the diamonds would be handed over to the US as part of an agreement reached with the custodian of the set. The justice department alleges that Low bought the diamonds as a gift for his mother, using funds diverted from bond proceeds raised by 1MDB in 2012.
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