The finance ministry says about RM300 million is being sought from local parties. FMTNews 1MDB SRCInternational CivilSuits
1MDB has filed suits against nine entities and 25 individuals, the finance ministry says.
KUALA LUMPUR: 1MDB and its former unit SRC International Sdn Bhd have filed a combined 22 civil suits to recover assets worth more than RM96.6 billion, including about RM300 million against local parties. In a statement today, the finance ministry said six of these writs were filed by 1MDB and 16 were by SRC International.
It said the writs filed by 1MDB were against nine entities, including two foreign financial institutions, and 25 individuals. Those filed by SRC International were against 15 individuals and eight entities for various wrongdoings.
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