Najib Razak Malaysia city Kuala Lumpur Government Najib Razak Malaysia city Kuala Lumpur

Malaysia's 1MDB, former unit file suits to recover $23 bln

Reading now: 996
www.clickorlando.com

KUALA LUMPUR – Malaysia's finance ministry said Monday that sovereign wealth fund 1MDB and a former subsidiary have filed 22 lawsuits to recover assets worth over $23 billion from various institutions and individuals.

1MDB was set up by former Prime Minister Najib Razak in 2009 but it accumulated billions in debts and sparked investigations in the U.S.

and several other countries. U.S. investigators allege that over $4.5 billion was stolen from 1MDB and laundered by Najib's associates.

Finance Minister Zafrul Abdul Aziz said the government’s recovery efforts are now focused on “pursuing other wrongdoers” who have caused losses to 1MDB and SRC International following successful settlements with U.S.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Kristen Stewart - Nicole Kidman - Jessica Chastain - Judi Dench - Steven Spielberg - Kenneth Branagh - Olivia Colman - Richard - Ariana Debose - Kirsten Dunst - Jesse Plemons - Oscars: List of 2022 nominations - fox29.com - state California - Los Angeles, state California - city Los Angeles, state California - Jordan - county Leslie
fox29.com
90%
384
Oscars: List of 2022 nominations
LOS ANGELES, CALIFORNIA – APRIL 25: In this handout photo provided by A.M.P.A.S., Academy Awards Oscar trophies are displayed backstage during the 93rd Annual Academy Awards at Union Station on April 25, 2021 in Los Angeles, California. (Photo by Ric LOS ANGELES - This year’s Oscar nominees have been announced.Actors Tracee Ellis Ross and Leslie Jordan are announcing the nominees for the 94th Academy Awards live on multiple platforms, including Oscar.com, Oscars.org, the academy’s social media accounts and on ABC’s "Good Morning America."RELATED: LeBron James, 'Space Jam' nominated for 4 Razzie AwardsThe nominees for best actress are: Jessica Chastain, "The Eyes of Tammy Faye"; Olivia Colman, "The Lost Daughter"; Penélope Cruz, "Parallel Mothers"; Nicole Kidman, "Being the Ricardos"; Kristen Stewart, "Spencer."The nominees for best supporting actress are: Jessie Buckley, "The Lost Daughter"; Ariana DeBose, "West Side Story"; Judi Dench, "Belfast"; Kirsten Dunst, "The Power of the Dog" and Aunjanue Ellis, "King Richard."The nominees for best supporting actor are: Ciarán Hinds, "Belfast"; Troy Kotsur, "CODA"; Kodi Smit-McPhee, "The Power of the Dog"; Jesse Plemons, "The Power of the Dog" and J.K.
DMCA