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New motion on RM430m in the works for tabling in Swiss Parliament

A new motion will be tabled in the Swiss Parliament seeking the restitution of funds that have been linked to 1MDB. However, the Malaysian firm has denied the CHF104 million (RM430 million) belongs to it.

Yesterday, Geneva lawmaker Carlo Sommaruga’s motion seeking the restitution of illicitly-generated funds to their country of origin was defeated in the Swiss Parliament after it was criticised for being too broad.

Sommaruga's party - the Social Democratic Party (SP) - has already begun drafting a new motion on the matter to be tabled again in the Swiss Parliament...

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