US DoJ seeks to recover RM154mil in assets from 1MDB case


  • Nation
  • Saturday, 23 Feb 2019

"I feel horrible about the fact that people who worked at Goldman Sachs, and it doesn't matter if it's a partner or it's an entry level employee, would go around our policies and break the law," Solomon said.

WASHINGTON (Reuters): The US Justice Department on Friday (Feb 22) said it had filed complaints seeking forfeiture and recovery of approximately $38mil (RM154mil) in assets associated with its 1Malaysia Development Berhad - or 1MDB - case, bringing the assets now subject to forfeiture to a total of about $1.7bil (RM6.9bil).

These new lawsuits target assets collected by corrupt officials and their associates through a massive scheme that stole billions of dollars from the people of Malaysia and laundered the proceeds across the world, US Attorney Nick Hanna said in a statement.

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