US returns to Malaysia RM1.9 billion of 1MDB funds

The 1MDB affair has grabbed global attention, with the US Justice Department filing suits seeking to seize dozens of properties and luxury assets that it says were purchased with stolen funds amounting to more than US$3.5 billion. – EPA pic, August 6, 2017.

THE US Department of Justice (DoJ) has repatriated to Malaysia US$452 million (RM1.9 billion) of stolen 1Malaysia Development Bhd funds.

The DOJ announced this in a statement yesterday.

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  • That is now going to be promptly stolen yet again....

    Posted 1 year ago by Arul Inthirarajah