KUALA LUMPUR, Feb 8 ― Malaysia has recovered more than RM23 million in assets related to scandal-hit state fund1Malaysia Development Berhad (1MDB) between 2023 and February 2024, its anti-graft agency said today.
The funds were recovered through court orders and the voluntary surrender of assets, the Malaysian Anti-Corruption Commission (MACC) said.
Malaysian and US investigators estimate US$4.5 billion (RM21.4 billion) were stolen from 1MDB, implicating former Malaysian prime minister Datuk Seri Najib Razak, Goldman Sachs staff and high-level officials elsewhere.
Najib was sentenced to 12 years prison after being convicted in a case linked to the 1MDB scandal but had his sentence halved last week by a Malaysian pardons board. ― Reuters
