But about 18 billion ringgit ($4.34 billion) in assets remain unidentified and Malaysia was working with at least five countries to recover the amount, Latheefa Koya, the head of Malaysia’s Anti-Corruption Commission (MACC), told reporters.
KUALA LUMPUR: Malaysia is working to locate at least US$4.3bil in assets that have yet to be accounted for in a global money laundering probe into state fund 1MDB, its anti-corruption chief said on Tuesday.
U.S. authorities say about $4.5 billion was siphoned from sovereign wealth fund 1Malaysia Development Berhad (1MDB) in a scandal spanning several countries but Malaysian officials say much more was stolen.
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