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US Returns $156 Million of 1MDB Funds to Malaysia

Latest recovery brings total repatriated amount to $1.4 billion, bolstering efforts to address massive corruption scandal.

  • The US Justice Department has returned $156 million to Malaysia from assets seized in the 1MDB corruption case.
  • This marks the fourth tranche of funds repatriated to Malaysia, totaling approximately $1.4 billion.
  • 1MDB, a state fund established in 2009, saw over $4.5 billion misappropriated by high-level officials and associates.
  • Former Malaysian Prime Minister Najib Razak and financier Jho Low were key figures implicated in the scandal.
  • The recovered funds are intended to benefit the Malaysian public and improve their lives.
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