US Department of Justice announcements or other official government press releases

US Returns Additional $156 Million in 1MDB Funds to Malaysia, Total Reaches $1.4 Billion

Jun 14, 2024, 04:00 AM

The US government has returned an additional $156 million in misappropriated 1Malaysia Development Berhad (1MDB) funds to Malaysia, state media says. This brings the total amount of recovered assets returned to Malaysia to $1.4 billion, according to the US embassy in Kuala Lumpur. The funds were linked to the scandal-hit state fund 1MDB. The US Department of Justice continues its efforts to recover assets related to the 1MDB scandal.