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MOF: Malaysia to pursue continued legal action, global cooperation for maximum 1MDB asset recovery

KUALA LUMPUR, Oct 8 — The government will continue to take legal action and strengthen international cooperation to maximise the recovery of the remaining misappropriated assets...

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财政部:马来西亚将继续采取法律行动,并寻求全球合作,以最大限度地追回1MDB资产。

The Malaysian government will continue legal action and international cooperation to recover 1MDB assets, as stated by the Ministry of Finance.

By August 31, 2026, RM42.5 billion was paid for 1MDB-related obligations, with RM20.1 billion remaining if no further recoveries are made.

The government has successfully recovered RM31.3 billion in 1MDB asset recovery funds so far, as noted in response to a parliamentary question.

KUALA LUMPUR, Oct 8 — The government will continue to take legal action and strengthen international cooperation to maximise the recovery of the remaining misappropriated assets of 1Malaysia Development Bhd (1MDB), according to the Ministry of Finance (MoF).

The ministry said that the effort is important to reduce the country’s financial burden and ensure the interests of the people are continuously protected.

As of August 31, 2026, the government had paid RM42.5 billion to cover commitments related to 1MDB, including principal payments, interest, legal fees and operational costs.

“If there is no additional fund recovery in the future, the government will still have to bear the remaining obligation of RM20.1 billion,” the MoF said.

The MoF stated this in a written response to Azli Yusof’s (PH-Shah Alam) question regarding the improvement measures following the Auditor General Report on public fund leakages, the current status of national asset recovery related to major financial scandals and the re-management of the recovered funds.

Regarding the status of asset recovery and the mechanism for the restructuring of funds related to the financial scandal, the ministry stated that the largest recovery activity at the moment involves 1MDB.

“The government has so far successfully recovered RM31.3 billion in asset recovery funds related to 1MDB,” it added. — Bernama

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