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

Those guilty of corruption should be declared bankrupt, says Azam Baki
Wanita MCA ramps up preparing women candidates for next GE
Singapore and Malaysia will jointly study optimal air traffic management
Landslide damages eight houses in Gombak village following heavy rain
Papa concerned over foreign worker quota applications
Samenta says no to mandatory job vacancy reporting, calls on govt to use opt-in system
PERKESO plans to exempt SMEs from mandatory job vacancy reporting, says Steven SIm
Building educators of tomorrow and beyond
Cabinet briefed on monsoon readiness as flood victims drop below 3,200
Coroner adjourns Zara Qairina inquest, warns public against commenting on proceedings

Others Also Read