The Park Lane Hotel in New York City. Photo: AFP
New York’s Park Lane Hotel can be sold to Abu Dhabi state fund after 1MDB fugitive Jho Low drops claim
- US Justice Department has been trying to seize Low’s stake in the property, allegedly bought with money stolen from 1MDB fund
- The department has agreed that dropping the claims is no admission of wrongdoing
Topic |
International Property
The Park Lane Hotel in New York City. Photo: AFP