Return or face charges — Latheefa tells those who fail to return ill-gotten gains from 1MDB

Return or face charges — Latheefa tells those who fail to return ill-gotten gains from 1MDB

The Edge Markets - Malaysia·2020-01-06 18:14

KUALA LUMPUR (Jan 6): Individuals and entities who fail to return money believed to have been obtained from 1Malaysia Development Bhd (1MDB) will be prosecuted, Malaysian Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya said today.

She said they would be prosecuted under the Anti-Money Laundering, Prevention of Terrorism Financing and Proceeds of Illegal Activities Act 2001, with the names set to be announced at a press conference in the near future.

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