RM1.3 billion assets bought with 1MDB funds recovered, says A-G
Attorney-General Tommy Thomas says RM1.3 billion in swindled 1MDB funds was used to buy luxury properties and invest in a film production company, with most of the sales taking place in the US. – The Malaysian Insight file pic, May 7, 2019.
ASSETS worth US$322 million bought with money swindled from 1Malaysia Development Bhd have been recovered since the Pakatan Harapan government launched investigations into the fund, said Tommy Thomas. The attorney-general, in a statement today, said the amount was used to buy luxury properties, including a super yacht, and to invest in a film production company, with most of the sales taking place in the US.
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