1MDB’s US$700mil could have been recovered from Jho Low, says Arul Kanda


KUALA LUMPUR: Arul Kanda Kandasamy, the former 1Malaysia Development Berhad (1MDB) chief executive officer admitted in the High Court on Monday (Jan 13) that the US$700mil transferred to Good Star Limited could have been recovered had he directed legal action for its recovery.

The first defendant was questioned by 1MDB’s counsel Datuk Lim Chee Wee on the corporation’s US$6.59bil lawsuit against him and former chairman of the board Tan Sri Mohd Irwan Serigar Abdullah.

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