This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEHAI05X_L.jpg
U.S. authorities say about $4.5 billion was siphoned from 1Malaysia Development Berhad (1MDB) between 2009 and 2014, in a globe-spanning theft that has implicated high-ranking officials and financial institutions in multiple countries.
Malaysia has said billions more remain unaccounted for.
Malaysia has recovered about 20.5 billion ringgit ($4.90 billion) in 1MDB assets so far, the Malaysian Anti Corruption Commission said in a statement.
Efforts to recover more are ongoing, in countries including Switzerland, Kuwait, Mauritius, Cyprus, and Hong Kong, it added.
($1 = 4.1810 ringgit)
