US starts returning 1MDB funds to Malaysia

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The US government has returned more than US$57 million (S$78 million) to Malaysia, the first instalment of funds recovered from asset seizures related to 1Malaysia Development Berhad (1MDB), the Malaysian Attorney-General's Chambers said. Attorney-General Tommy Thomas said...

He was extradited on May 3 to New York from Kuala Lumpur, where he had been jailed since November.

He will be wearing an ankle bracelet and staying at an undisclosed location in the New York City area that the court approved.

 

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