The US says it has recovered or assisted in the recovery of over US$1.1 billion in assets siphoned from Malaysia’s 1MDB fund. Photo: AFP
The US says it has recovered or assisted in the recovery of over US$1.1 billion in assets siphoned from Malaysia’s 1MDB fund. Photo: AFP
Malaysia

1MDB scandal: US recovers another US$49 million siphoned from Malaysian fund

  • The US has now recovered nearly US$1.1 billion in 1MDB assets, after forfeiture cases involving former Abu Dhabi IPIC boss Khadem al-Qubaisi
  • The trial of former Malaysian prime minister Najib Razak will resume next week after being halted in March because of Covid-19 concerns

The US says it has recovered or assisted in the recovery of over US$1.1 billion in assets siphoned from Malaysia’s 1MDB fund. Photo: AFP
The US says it has recovered or assisted in the recovery of over US$1.1 billion in assets siphoned from Malaysia’s 1MDB fund. Photo: AFP
READ FULL ARTICLE