S’pore returns 1MDB funds

PETALING JAYA: The Singapore State Courts have granted disposal orders in respect of S$15.3mil (RM45.9mil) that had been unlawfully taken from 1Malaysia Development Bhd (1MDB) and/or SRC International Sdn Bhd’s group of companies.

Tan Rajah and Cheah, the solicitors for the Malaysian government, 1MDB and SRC International, said various currencies with a total value of S$15.3mil were recovered.