Irving Picard, the Madoff firm’s trustee, said the sovereign wealth fund withdrew the money from Fairfield Sentry, a so-called feeder fund to Madoff’s fraud, in a complaint filed today in U.S. Bankruptcy Court in Manhattan.
Picard said he has the authority to take back the transfers made to the Abu Dhabi authority as he works to recover money for Madoff customers. Madoff is serving a 150-year sentence in a prison in North Carolina.
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