Malaysia's troubled state wealth fund 1Malaysia Development Bhd. has filed a $1 billion claim against a Hong Kong-based corporate services provider to recover its stolen assets.

The legal action, which is also being pursued by the liquidators of 1MDB and its subsidiaries, was filed on Dec. 20 in the British Virgin islands against eight entities of Amicorp Group and its Chief Executive Officer Toine Knipping, according to the fund in a statement on Monday.