More than 70% of 1MDB’s assets, funds recovered, Azam Baki says

MALAYSIAN Anti-Corruption Commission (MACC) chief commissioner Azam Baki said more than 70% of 1Malaysia Development Bhd’s (1MDB) assets and funds, equivalent to about RM28.93 billion, have been successfully recovered so far.

“As for the 30% balance, we want to recover as much as possible of this. Asset-tracing is still ongoing including in several places abroad,” he said, adding that the commission is one of the main agencies involved in recovering all 1MDB’s assets and funds.