14 Sept 2022 — Much of the money has yet to be recovered. “In order to convince people to support him, he had to steal money,” Mr. Mahathir said.
“The people .... According to Emerald Insight, 1MDB “was set up as a holding and investment company for the state [i.e., Malaysia] and was funded initially by a .... Investigators in the US and Malaysia estimate at least $4.5bn were stolen from 1MDB and instead used to finance luxury lifestyles and the ....
An important part of the enforcement work is the recovery of assets stolen from 1MDB and their return to Malaysia. So far, RM919 million (US .... Malaysia has recovered USD 322 million stolen from the scandal-hit sovereign wealth fund 1MDB, officials said Tuesday -- a fraction of the ....