"The accused deceived the members of the 1MDB board of directors into believing that PetroSaudi had links with the Saudi Arabian government and that PetroSaudi would contribute significant oil assets to the joint venture; these statements were false, and the accused knew this very well."
"The two men, Swiss-Saudi Tarek Obaid and Swiss-British Patrick Mahony, were sentenced to seven and six years in prison respectively and ordered to reimburse most of the embezzled funds."
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