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Malaysia to contact several countries to recover 1MDB money: Dr Mahathir

May 16, 2018 10:03 AM
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Malaysia to contact several countries to recover 1MDB money: Dr Mahathir

PUTRAJAYA: The Malaysian Government will contact several countries to recover the allegedly misappropriated funds from 1Malaysia Development Bhd (1MDB), said Prime Minister Tun Dr Mahathir Mohamad.

He said it was important for the government to recover the remaining money in Switzerland, Singapore, the United States and perhaps in Luxembourg, with an estimated of US$4.5 billion (RM 17.85 billion) in the United States.

"In the past, there was no confession from Najib's (former prime minister Datuk Seri Najib Abdul Razak) government that the money came from 1MDB. No one confessed that it was Malaysian money, so no claim was made.

"The amount is quite big and will help us settle some debts," he told a press conference at the Perdana Leadership Foundation here today.

Also read: Mahathir attends briefing on Sarawak development

Source: thesundaily.my

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