Guan Eng: Asset recovery on 1MDB much slower than expected


  • Nation
  • Thursday, 13 Sep 2018

Finance Minister Lim Guan Eng

HONG KONG (Reuters): Asset recovery in the 1Malaysia Development Berhad (1MDB) multi-billion fraud investigation is going much slower than expected, says Finance Minister Lim Guan Eng.  

Lim, a former banker and chartered accountant, said at the CLSA Investors’ Forum in Hong Kong on Thursday (Sept 13) that realistically, ”we will be lucky if we get 30 percent back”.  

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