The revived special taskforce on 1MDB will, among others, focus on repatriating all funds allegedly misappropriated from the Malaysian fund and stashed overseas.

This followed the first meeting of the special taskforce, comprising former attorney-general Abdul Gani Patail, former MACC chief Abu Kassim Mohamed, MACC chief Mohd Shukri Abdull and former Bukit Aman Special Branch deputy director Abul Hamid Bador.

"The meeting discussed the specifics on follow-up actions that need to be taken in relation to the 1MDB case," the four said in a joint statement.

They said the meeting had outlined three priorities: asset recovery, repatriation of all money and assets from illegal activities related to 1MDB, and criminal actions against those involved under the MACC Act 2009, Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 and the Penal Code.

"The special taskforce, appointed by the prime minister, will conduct its duties transparently, fairly and professionally," he said.

In 2015, the special taskforce, led by then attorney-general Abdul Ghani Patail, was looking into the multi-billion ringgit deposits in the then-prime minister Najib Abdul Razak's bank account, as well as separate deposits from SRC International Sdn Bhd, a former 1MDB subsidiary.

However, members of the taskforce were dismissed by the previous BN government while others entered early retirement, scuttling the investigation.

Global investigations showed the money originated from 1MDB but Najib claimed it was a "donation" from a Saudi prince. He denied wrongdoing or taking public funds for personal gain.

Najib in the May 9 general election, led BN to its first defeat since independence, ending the coalition's 61 years in power.

Under the new Pakatan Harapan government, Prime Minister Dr Mahathir Mohamad has reassembled the special taskforce and vowed to get to the bottom of the 1MDB scandal.