PUTRAJAYA, Oct 7 — The Malaysian Anti-Corruption Commission (MACC) has issued compound notices against individuals and entities that allegedly received funds misappropriated from 1MDB.
The compounds were made against 80 individuals, companies, political parties, foundations and organisations over a combined RM420 million.
“We have issued compound notices for the purpose to get them to pay the fine which can be up to two and a half times the amount they received.
“We’ve opened investigation papers against all of them and they have two weeks to pay up which we hope they will,” said MACC chief commissioner Latheefa Koya during a press conference in Putrajaya.
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