KUALA LUMPUR: The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the Financial Intelligence Unit (FIU) and the Attorney General’s Chambers (AGC).
The Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) said in a report published today that between 2019 and February 2025, Malaysia recovered a total of 8.11 billion euros (RM37.63 billion) in assets, with 75 per cent linked to the 1MDB case.
