More than 70pct of 1MDB's assets, funds recovered - MACC
MACC chief commissioner Azam Baki said that more than 70 percent of 1MDB's assets and funds, equivalent to about RM28.93 billion, have been successfully recovered so far.
“As for the 30 percent balance, we want to recover as much as possible of this. Tracing these assets is still ongoing including in several places abroad,” he said, adding that the commission is one of the main agencies involved in recovering all 1MDB's assets and funds.
Azam said the MACC also played a role in the successful recovery of RM8.06 billion involving...
Verifying user
RM12.50 / month
- Unlimited access to award-winning journalism
- Comment and share your opinions on all our articles
- Gift interesting stories to your friends
- Tax deductable