Overview
- Malaysia’s anti-graft agency showed four recovered paintings Wednesday at its Putrajaya headquarters after flying them home from New York on April 14.
- The works by Picasso, Miró, Maurice Utrillo, and Balthus carry an estimated value of about $198,000.
- The National Art Gallery is caring for the pieces on site as the finance ministry decides on public display or auction.
- Investigators have identified 12 1MDB-linked artworks and are still seeking eight more, including pieces by Matisse, Calder, Dalí, and another Picasso.
- Officials say Malaysia has recovered about 31.3 billion ringgit in 1MDB assets, or nearly three quarters of what has been identified, through joint work with U.S. agencies and auction houses.