US returns another RM1.3b of recovered 1MDB funds to Malaysia

Modified 15 Apr 2020, 3:14 am

The United States Department of Justice (DOJ) has returned another US$300 million (RM1.3 billion at the current exchange rate) of recovered 1MDB funds to Malaysia.

According to Prime Minister Muhyiddin Yassin, this brings the total funds repatriated to Malaysia to US$620 million (RM2.69 billion), as part of DOJ’s Kleptocracy Asset Recovery Initiatives.

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