Singapore court allows return of RM46mil 1MDB, SRC International funds to Malaysia


  • Nation
  • Monday, 10 Sep 2018

PETALING JAYA: The Singapore State Courts have granted disposal orders in respect of monies that were misappropriated from 1Malaysia Development Bhd (1MDB) and SRC International.

Tan, Rajah and Cheah, the solicitors for the Malaysian government, 1MDB and SRC International, said the monies recovered are in various currencies with a total value of some S$15.3mil (RM45.9mil).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Cops issue over 12,000 summonses nationwide in News Year's Eve ops
Consultant loses RM680,500 to online investment scam
Flood: Situation worsens in Sarawak, improves in Johor, full recovery in Melaka
Over 3.2 tonnes of waste collected in KL during 2026 New Year celebrations, says Alam Flora
Navy officer in ICU after helicopter emergency landing in Klebang
China superalloy maker to invest RM900mil in Johor, says MB
Bring on Online Safty Act, says Bukit Aman
Suspected space debris found on Pekan beach
Sabah's eco-attractions will be a big draw in VM2026, says Jafry
Over 1,400 summonses issued, 15 arrested during New Year's Eve operations

Others Also Read