Subsequently, the authorities seize from Najib's properties up to 1.1 billion ringgit (US$270 million) in luxury goods, including 284 boxes of handbags, US$30 .... In linking that scandal to the 1MDB scandal, P. Gunasegaram wrote: "Much like 1MDB, it looks like a money-making scheme gone wrong.
The underlying problem .... In a second theft, Obaid and Mahony drew down a further $500mn from 1MDB in 2010 for what they claimed was an Islamic loan. In a third, in May .... PUTRAJAYA: Around 70% worth of stolen assets and funds from 1Malaysia Development Bhd (1MDB) has been recovered so far, says Tan Sri Azam ....
On Thursday (June 13) night, Kagan, in a statement said the US has returned about US$156 mil (RM721.4 mil) to Malaysia, representing the fourth ....
