Malaysia aims to locate further US$4.34b in 1MDB-linked assets

Malaysia aims to locate further US$4.34b in 1MDB-linked assets

Channel NewsAsia - Business·2019-11-05 12:04

Boxes of 1Malaysia Development Berhad (1MDB) documents arrive at Kuala Lumpur High Court in Kuala Lumpur, Malaysia, August 28, 2019. REUTERS/Lai Seng Sin

KUALA LUMPUR: Malaysia is looking to locate at least 18 billion ringgit (US$4.34 billion) worth of further assets linked to a scandal at state fund 1MDB, and is working with at least five nations to recover the amount, its anti-corruption chief said on Tuesday (Nov 5).

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