Recently, The Edge reported that 1Malaysia Development Bhd (1MDB) had spent over RM300 million from August 2019 to August 2024 on legal fees in an effort to
Recently, The Edge reported that 1Malaysia Development Bhd had spent over RM300 million from August 2019 to August 2024 on legal fees in an effort to recover its assets.
The exact sum is RM313.81 million, which allegedly came from the 1MDB Assets Recovery Trust Account, which is the account where money from 1MDB’s various settlements with Goldman Sachs, Abu Dhabi’s International Petroleum Investment Co , KPMG and Deloitte were channelled to.Following this, legal practitioner Haniff Khatri Abdulla took to his Facebook page to call for the Ministry of Finance to disclose details of these legal fees.
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