KUALA LUMPUR, Oct 8 (Bernama) -- The government will continue to take legal action and strengthen international cooperation to maximise the recovery of the remaining misappropriated assets of 1Malaysia Development Bhd (1MDB), according to the Ministry of Finance (MoF).
Business : Government To Continue Legal Action, International Cooperation For Maximum 1MDB Asset Recovery
MoF, 1MDB, legislation, cooperation, economy
Key takeaways
The government will continue legal actions and international cooperation to recover 1MDB's misappropriated assets, aiming to reduce financial burden.
- The government has paid RM42.5 billion for 1MDB-related commitments as of Aug 31, 2026.
- RM31.3 billion has been recovered so far, with RM20.1 billion remaining to be covered if no further recovery.
- The Ministry of Finance emphasized protecting public interests and managing asset recovery from financial scandals.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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