US authorities have reached a deal to recover another $49 million in assets bought with money looted from Malaysia's 1MDB state investment .... MALAYSIA has launched legal action to recover about $65 million stolen from scandal-hit state fund 1MDB, much of it from groups connected to .... By August 2021, approximately $US1.2 billion of 1MDB funds spent within US jurisdiction had been returned to Malaysia.
What was the money spent .... Subsequently, the authorities seize from Najib's properties up to 1.1 billion ringgit (US$270 million) in luxury goods, including 284 boxes of handbags, US$30 .... The US justice department believes more than $4.5bn was stolen and the resulting scandal has been responsible for the toppling of a ....