asset recovery

Over RM29 bil or 70% of embezzled 1MDB assets recovered: MACC

The latest recoveries were transferred to the government’s Assets Recovery Trust Fund in February and March this year

MACC, FBI team up to bag US$20 million in 1MDB loot

KUALA LUMPUR – The Malaysian Anti-Corruption Commission (MACC) has contributed to the recovery of US$20 million (RM94 million) in misappropriated funds linked to the 1Malaysia Development Bhd (1MDB) global financial scandal. In a...

1MDB, subsidiaries sue Amicorp, co-founder for US$7 bil fraud

Money misappropriated between 2009 and 2014 was put through layers of sham companies and fake transactions to seem as if 1MDB’s investments had generated returns

1MDB asset recovery agreement vague, insufficiently detailed: Johari

The agreement signed between the Malaysian government and Goldman Sachs Group Inc regarding the recovery of 1Malaysia Development Bhd assets in 2020 was vague and not detailed, said 1MDB Asset Recovery Taskforce chairman Datuk Seri Johari Abdul Ghani.

Over RM23.9 mil of 1MDB assets recovered, including from Najib’s former aides

Two of ex-prime minister Datuk Seri Najib Razak's former officers are among those who returned monies and assets linked to 1Malaysia Development Bhd (1MDB) from 2023 until February 5 of this year.

◉ Popular

Sarjit admits tough Australia tour key to Speedy Tigers’ growth

National coach prioritises player development over results in challenging six-match series

Vehicles plough into pedestrians in vicious hit-and-run attack near Old Klang Road

Two individuals left injured as sedan and pickup truck deliberately ram into group, police probe attempted murder

Budget 2025: KBS urged to collaborate with KPKT for grassroots talent development

National junior hockey coach calls for increased funding and joint efforts between Youth and Sports Ministry and Housing and Local Government Ministry to utilise underused facilities and nurture future athletes for the 2027 SEA Games

Copyright © 2023. All rights reserved.