Suits targeting those who allegedly siphoned off 1MDB funds


PETALING JAYA: The civil suits by the US Department of Justice are seeking to seize US$1bil (RM4.02bil) worth of assets allegedly obtained using funds siphoned from 1Malaysia Development Bhd (1MDB).

The lawsuits filed on Wednesday are seeking to recover assets belonging to several high-profile individuals closely linked to the state investment arm that was set up in 2009.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Farid Kamil won’t divorce despite ‘hopeless’ marriage
Activists sue district council over shooting of Kopi the dog
Disabled widower conned by funeral workers who withheld wife’s body
Experts warn that employees could be on the losing end with the looming rise in insurance premiums
Malaysian pupils steal the show on global stage
No respite from traffic as with more cars, even longer journeys lie ahead
PMs set RM133bil trade target
MPKj urged to be more lenient with parking fines
Fire destroys seven terrace houses, leaving 21 residents homeless
Explanation of 'excessive vulgarity' in Act 588 Amendment not definitive but a guide, says Fahmi

Others Also Read