Reported 7 months ago
The US Justice Department has returned an additional $156 million in misappropriated 1MDB funds to Malaysia, bringing the total repatriated amount to about $1.4 billion. The repatriation comes after Malaysia sought extra compensation from US authorities following the conclusion of a criminal case involving Goldman Sachs Group Inc. related to the 1MDB scandal. The DOJ has seized $1.7 billion in stolen assets linked to 1MDB since 2016 and continues to pursue additional assets linked to the scheme. Malaysia has initiated lawsuits to recover lost funds and is also seeking further payments from Goldman.
Source: YAHOO