WASHINGTON (Reuters): The US Justice Department on Friday (Feb 22) said it had filed complaints seeking forfeiture and recovery of approximately $38mil (RM154mil) in assets associated with its 1Malaysia Development Berhad - or 1MDB - case, bringing the assets now subject to forfeiture to a total of about $1.7bil (RM6.9bil).
These new lawsuits target assets collected by corrupt officials and their associates through a massive scheme that stole billions of dollars from the people of Malaysia and laundered the proceeds across the world, US Attorney Nick Hanna said in a statement.