Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, Asia-Pacific, North America, Regulatory

Over $1.2BN in funds lost through 1MDB have now been returned to Malaysia from United States – Justice Department

By Dan Byrne for AMLi

Over a quarter of the funds stolen and laundered during the infamous 1 Malaysia Development Berhad (1MDB) scandal have now been returned to the people of Malaysia, it has been revealed.

The latest figures from the US Department of Justice show that an additional $452M has been sent back into the country following the scandal, bringing the total amount repatriated to $1.2BN.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!