PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) with the cooperation and assistance of international enforcement agencies has recovered more than RM20bil worth of assets related to 1Malaysia Development Bhd (1MDB).
The anti-graft body said the latest haul in its 1MDB asset recovery efforts was money totalling about RM3.6mil from Singapore.
“On Nov 12, the Singapore Commercial Affairs Department returned money belonging to former SRC International Sdn Bhd CEO Nik Faisal Ariff Kamil through the Assets Recovery Trust Account totalling US$864,813.
“To date, MACC with the assistance of international enforcement agencies has managed to return RM20,530,433,626.97 to the Malaysian government,” MACC said in a statement yesterday.
MACC said previously, the Singapore government had also helped in the return of US$15.4mil in assets from Cutting Edge Industries Ltd’s account, which belonged to Tawfiq Ayman and Samuel Goh.
The commission said it was currently actively pursuing the recovery of 1MDB assets locally and abroad.
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