PM Muhyiddin wants 1MDB’s money identified abroad

Last updated on May 13th, 2021 at 05:47 am

KUALA LUMPUR – Prime Minister Tan Sri Muhyiddin Yassin has ordered to seek the return of funds allegedly misappropriated from its strategic investment fund 1Malaysia Development Bhd (1MDB).

Prime Minister’s Office (PMO) said the prime minister was informed that the authorities have successfully reclaimed RM1.4 billion worth of funds stolen from 1MDB and that a special team is continually tracking down the state investment firm’s funds abroad.

“This morning, PM Muhyidding was briefing by the officials responsible to track 1MDB funds overseas.” The special team will be represented by the Attorney General’s Chambers, the National Financial Crime Centre , MACC, Royal Malaysia Police , Bank Negara Malaysia and the Ministry of Finance.

Desk Writer

Spends most of the time reading news all around the world. Strong knowledge and understanding of the current situation and happenings in the ASEAN region.

Recent Posts

BAFTA 2026 nominations announced with surprise snubs in major categories

The BAFTA 2026 nominations have officially been unveiled, setting the stage for a dramatic awards season. Paul Thomas Anderson has…

January 28, 2026

Mobile Legends M7 World Championship breaks all-time viewership records

The M7 World Championship has officially rewritten esports history, establishing itself as the most-watched mobile esports event of all time.…

January 28, 2026

Netflix Unveils Riveting ASEAN Crime Drama Filmed in Malaysia and the Philippines

Netflix continues to solidify its commitment to Southeast Asian storytelling with the announcement of a high-octane ASEAN crime drama. This…

January 28, 2026

Popular Food Trends 2026: Fusion Street Food from Thailand and Malaysia Tops Regional Charts

Fusion street food from Thailand and Malaysia dominates 2026 culinary rankings, blending bold regional flavors with global twists. Thai-Malay fusion…

January 28, 2026

“63rd ASEAN National Tourism Organizations Meeting” Kicks Off in Cebu, Focusing on Future‑Ready Tourism in Southeast Asia

On January 26, 2026, at the Nustar Hotel in Cebu City, Philippines, the 63 rd ASEAN National Tourism Organizations Meeting…

January 28, 2026

New “Clawdbot” AI Agent Raises Security Concerns for Enterprise Users

Clawdbot, the viral open-source AI agent, promises powerful automation but sparks major security concerns for businesses. This local-first assistant was…

January 28, 2026

This website uses cookies.

Read More