Australian model finds herself caught up in a multibillion-dollar 1MDB corruption scandal alongside actor Leonardo DiCaprio

Australian model Miranda Kerr should hand over millions of dollars in gifted jewels that were allegedly purchased using money stolen from a fund established by Malaysia’s prime minister, a Malaysian NGO has said.

US prosecutors say the jewellery — including a $3.8m (£3m) 8.88 carat diamond pendant from New York-based designer Lorraine Schwartz — was gifted to Kerr by Jho Low, a financier at the heart of the corruption scandal that has engulfed the Malaysian government.

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