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Wednesday, May 12, 2021

US DoJ remits RM1.9bil 1MDB funds to Putrajaya

 

The government says its current financial balance is only sufficient to service 1MDB’s debt obligations for 2021 and 2022. (AP pic)

PETALING JAYA: The US Department of Justice (DoJ) has remitted some RM1.9 billion in funds seized in its 1MDB probe.

In a statement, the finance ministry said a total of RM16.05 billion has been returned to Putrajaya to date.

“The current balance is sufficient to service 1MDB’s debt obligations for 2021 and 2022 only. This balance excludes the settlement amount of RM2.83 billion that will be received from the Ambank Group and RM336 million from Deloitte,” said finance minister Tengku Zafrul Aziz.

MORE TO COME - FMT

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