Special task force to recover 1MDB, SRC International assets overseas


MACC deputy chief commissioner (operations) Azam Baki says the special task force will be led by the Governance, Integrity and Anti-Corruption Centre. – The Malaysian Insight file pic, June 21, 2019.

A SPECIAL task force will be set up for Malaysia to track down and recover about US$5 billion (RM20.7 billion) worth of assets overseas linked to the 1Malaysia Development Bhd and SRC International Sdn Bhd scandals, said Azam Baki.

The Malaysian Anti-Corruption Commission deputy chief commissioner (operations) said the task force will be led by the Governance, Integrity and Anti-Corruption Centre, and include the Attorney-General’s Chambers, police and MACC.

“We need to do all… (follow the) money trail, talk to many agencies, look into the legal issues,” he told reporters in Putrajaya today.

Without disclosing details, he said the assets are “in many countries”.

“And, other countries have their own legal process, which we have to follow. We need to discuss with many countries.

“We cannot use our laws to recover these assets.” – Bernama, June 21, 2019.


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