MACC recovers over RM23m in 1MDB assets between 2023 and this month

PUTRAJAYA – The Malaysian Anti-Corruption Commission (MACC) has recovered more than RM23 million in funds and assets linked to 1Malaysia Development Berhad (1MDB) between 2023 and this month.

MACC in a statement today said that the funds and assets, which had been returned to the government, were recovered through forfeiture processes, including in courts, and voluntary surrender from five individuals.

The success in recovering the monies is the result of the tracking and recovering process of 1MDB funds carried out by its Anti-Money Laundering Division (AML) in 2023 and the latest on Monday (Feb 5), it said.

MACC said RM556,275.64 was successfully recovered on Aug 30, 2023 from Nurzahid Taib, a 1MDB officer who received 1MDB funds for the Maximus and Catalyze projects which were deposited into the account of Turquoise Coast Offshore Incorporated.

On Sept 29 last year, it said a total of US$972,251.25 (RM4,551,399.45) was returned voluntarily to the government by former Prime Minister Datuk Seri Najib Tun Razak’s special officer Datuk Amhari Effendi via wire transfer from BSI Bank Switzerland. – BERNAMA / pic TMR FILE