Special task force recovered RM1.4 billion in 1MDB funds: PMO


A total of RM1.4 billion have been recovered through the efforts of a special task force responsible for tracking 1Malaysia Development Bhd’s (1MDB) funds abroad, while another RM6.9 billion has been identified.

The matter was communicated to the Prime Minister Tan Sri Muhyiddin Yassin during a special briefing by the special task force this morning, the Prime Minister’s Office (PMO) said in a statement today.

The special task forces comprise representatives from the Attorney General Chamber, National Financial Crime Centre, Malaysian Anti-Corruption Commission (MACC), Royal Malaysian Police, Bank Negara Malaysia and the Ministry of Finance.

The task force according to the PMO has also provided details of the action taken to bring back suspected 1MDB misappropriated funds in 17 countries.

“The Prime Minister has directed efforts to track and recover 1MDB funds from various countries be continued,” it said.