Here are some of the key headlines from yesterday that you may have missed, in brief.

US DOJ to seize 1MDB-linked assets

In a stunning move, the US Department of Justice (DOJ) has detailed in its civil asset forfeiture suit what it described as the "three principal phases" of money laundering through the troubled Malaysian state fund 1MDB.

The DOJ is seeking to seize a total 17 assets including luxury properties and a jet, rights and profits from award-winning film 'The Wolf of Wall Street', and artworks allegedly obtained in the US, Switzerland and the United Kingdom using funds illegally diverted from 1MDB "for the personal benefit of the co-conspirators (and) their associates".

Of the 1MDB-originated funds, US$731 million was allegedly siphoned off into a bank account owned by an unnamed 'Malaysian Official 1', described by DOJ only as a "high-ranking official in the Malaysian government who also held a position of authority with 1MDB".

Najib unfazed

Although US prosecutors say billions of dollars were stolen from 1MDB, a state investment fund headed by Najib Abdul Razak, with his stepson Riza Aziz named as an alleged accomplice, the prime minister and his government remain unfazed by the damning allegations.

Attorney-general Mohamed Apandi Ali argued there is currently no evidence that money had been misappropriated from 1MDB from investigations conducted by law enforcement agencies overseas, reiterating that no criminal charges have been filed against any individuals over the matter.

Communications and Multimedia Minister Salleh Said Keruak has urged the people not to jump to conclusions with regard to claims made in the US about 1MDB before the allegations are proven in court.

Pakatan may hold rally

Connecting the dots in the DOJ filings, DAP lawmaker and Public Accounts Committee member Tony Pua say there is doubt in his mind that Najib is the individual referred to as 'Malaysian Official 1'.

In the wake of the US civil suit, former prime minister Dr Mahathir Mohamad has suggested Malaysians hold a peaceful rally to demand Najib's resignation.

Similarly, federal opposition pact Pakatan Harapan has threatened to lead the rakyat in a "political action" on July 30 if its demand for Najib to go on leave, call for a royal commission of inquiry on 1MDB and an emergency parliament sitting to discuss the allegations of misappropriated public funds are not met by Friday next week.

More Kini bites

Meanwhile, Singapore authorities have seized a total of S$240 million in bank accounts and properties, with S$120 million of that amount belonging to businessman Jho Low and his immediate family, as part of their 1MDB investigations.

In Europe, Swiss authorities acting on a US request have seized three valuable paintings - Van Gogh's La maison de Vincent à Arles, Monet's Saint-Georges Majeur and Nympheas avec Reflets de Hautes Herbes - linked to the 1MDB investigation.

On another matter, experts at the Dutch company leading the underwater hunt for Malaysia Airlines jet MH370 believe the plane may have glided down rather than dived in the final moments, meaning they have been scouring the wrong patch of ocean for two years.

Looking ahead

Transport ministers from Malaysia, Australia and China will meet at the MH370 Ministerial Tripartite Meeting to discuss whether to continue the search for the missing airliner.