Malaysia Has Recovered $7 Billion in Funds Linked to 1MDB

The Malaysian government has recovered 29.7 billion ringgit (approximately $7 billion) of funds linked to the 1Malaysia Development Bhd (1MDB) scandal and its former subsidiary, SRC International Sdn. This recovery was made since the establishment of the Assets Recovery Trust Account, as confirmed by the country's Finance Ministry. The 1MDB scandal, which involved the misappropriation of billions of dollars, was one of the largest financial scandals in Malaysia's history. The recovery of these funds is a significant step in the government's efforts to recoup the losses and hold those responsible accountable. The article does not provide additional details on the specific sources or methods used to recover the funds. However, the substantial amount recovered demonstrates the Malaysian government's commitment to addressing the 1MDB scandal and its ongoing efforts to recover the misappropriated funds.