Amicorp Group to dispute $1 billion legal claim by Malaysia's 1MDB for alleged fraud

FILE - This May 9, 2015, photo shows state investment fund 1Malaysia Development Berhad's Tun Razak Exchange development in Kuala Lumpur, Malaysia.

Amicorp Group has said it will dispute a claim for more than $1 billion filed by scandal-hit Malaysian fund 1MDB, denying allegations it knowingly facilitated more than $7 billion in fraudulent transactions related to the misappropriation of 1MDB funds.