Government’s recovery efforts in full swing


MoF confirms 1MDB, SRC filed 22 suits to recover RM97bil

KUALA LUMPUR: The Ministry of Finance (MoF) confirmed yesterday legal representatives of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd had filed a total of 22 civil suits to recover RM96.6bil (US$23bil).

In a statement, the MoF said the suits were filed last Friday in the government’s continuing efforts to recover the losses suffered by 1MDB and SRC.

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