KUALA LUMPUR: The US Department of Justice (DOJ) has received a court order to forfeit a luxury apartment in New York that was allegedly bought with funds misappropriated from 1Malaysia Development Bhd (1MDB).

In a statement today, the department said that this resolves a civil forfeiture case that sought the recovery of more than US$6 million in assets linked to the sovereign wealth fund filed at the US District Court for the Central District of California.

According to the DOJ, the luxury condominium was bought for the benefit of May Ling Catherine Tan, a personal assistant for Low Taek Jho, also known as Jho Low.

It added that Tan also profited from the asset by retaining rental proceeds.

"Under the forfeiture order entered in this case, the condominium and rental proceeds held by Tan will be forfeited to the US government," said the DOJ.

More to come