Sharp, essential news and analysis from Malaysia.
Tabung Haji is intensifying recovery efforts against Saudi property developer Al-Rawda, which has paid only a fraction of a 899 million Saudi riyal arbitration award. The government is deploying asset tracing specialists.
A High Court in Kuala Lumpur has heard testimony that US$620 million repatriated to its original sender in 2013 was not deposited into accounts belonging to former Prime Minister Najib Razak, a significant development in ongoing legal proceedings.
The Malaysian Anti-Corruption Commission will lead a specialised ASEAN training programme on asset recovery, sharing expertise gained from handling the 1MDB scandal to strengthen regional corruption-fighting efforts.
Malaysia has recovered more than USD1.37 billion in assets linked to 1MDB fund misappropriation from the United States, according to Law Minister Azalina Othman Said, though considerable sums remain frozen in foreign jurisdictions.
Malaysia's Retirement Fund (KWAP) has confirmed a RM163.4 million investment in eFishery and is actively pursuing recovery measures following revelations of fraudulent activity at the aquaculture venture.
Malaysia's Finance Ministry has defended the use of Asset Recovery Trust Account funds to settle 1MDB and SRC International debts, stating all disbursements comply with approved trust directives and authorized purposes.
Bangladesh has confiscated assets worth $6.2 billion (760 billion taka) connected to ousted Prime Minister Sheikh Hasina, her family members, and ten associated business entities, marking a significant escalation in post-transition accountability measures.
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Malaysia's High Court has scheduled a September 28 hearing to decide whether to freeze Rosmah Mansor's assets in a RM1.41 billion lawsuit brought by 1MDB over luxury goods acquisitions.
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The Malaysian Anti-Corruption Commission has opened a formal investigation into a US$13 million overseas property purchase allegedly connected to funds originating from the 1MDB scandal, signalling renewed scrutiny of asset flows linked to the massive financial crime.
Malaysia's anti-corruption agency has opened an investigation into overseas properties valued at RM59 million with alleged connections to the 1MDB scandal, examining possible corruption, money laundering, and asset recovery.
The Malaysian Anti-Corruption Commission is widening its 1MDB investigation to include questioning multiple individuals, including a former prime minister's wife, over a luxury property in the United States.
Malaysia's Deputy Finance Minister has flatly rejected reports that fugitive businessman Jho Low secretly entered the country last year to negotiate 1MDB repayment arrangements, as the government presses ahead with billions in asset recovery claims.
Nearly a decade after investigators seized RM114 million during the 'Sabah Watergate' probe into a former state water department director, the substantial sum remains locked in MACC custody with no resolution in sight.
Prime Minister Anwar Ibrahim has reaffirmed that Malaysia will maintain its legal position against fugitive businessman Jho Low regardless of whether the United States grants him a presidential pardon.