1MDB

Malaysia handed back $156m in stolen 1MDB funds, US embassy says

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Malaysia handed back 6m in stolen 1MDB funds, US embassy says

US ambassador says returned assets can be used for original purpose of bettering the lives of everyday Malaysians. Malaysia has been handed back $156m in assets linked to the 1MDB scandal after an investigation by the United States, the US embassy in Kuala Lumpur has said. US ambassador to Malaysia Edgard D Kagan said the … Read more

Malaysia says it recovered $5m of stolen 1MDB assets over last 13 months

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Malaysia says it recovered m of stolen 1MDB assets over last 13 months

The Southeast Asian nation is trying to recover billions of dollars investigators say were stolen from the state fund. Malaysia has announced the recovery of property and other assets from 1MDB, the state fund at the centre of a multibillion-dollar corruption scandal across multiple countries and jurisdictions. The latest recoveries, which took place from 2023 … Read more

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