Malaysia aims to recover nearly $1 billion paid out by former 1MDB unit

Malaysia is pursuing civil action to recover about 4 billion ringgit ($954.65 million) of funds disbursed by a former subsidiary of 1MDB, a now-defunct state fund under investigation for money laundering, the finance minister said on Wednesday.

source https://www.reuters.com/article/us-malaysia-politics-1mdb-unit/malaysia-aims-to-recover-nearly-1-billion-paid-out-by-former-1mdb-unit-idUSKCN1VP0PX?feedType=RSS&feedName=worldNews