Anwar Ties 1MDB Recovery To Malaysia's International Standing
Malaysia recovered RM31.3 billion of RM51.4 billion owed and is suing Singapore's DBS Bank for S$1.298 billion.
- Anwar Ibrahim ties 1MDB recovery to trust in institutions, not just billions lost.
- Malaysia has recovered RM31.3 billion of the RM51.4 billion owed, still RM20 billion short.
- New lawsuit seeks S$1.298 billion from DBS Bank over five 2013 accounts tied to Eric Tan.
Why it matters: A state that publicizes its own diligence is still RM20 billion short of what it admits was stolen.
Malaysia Ministry of Finance (MOF) press release ↗ · Sep 13, 20269/13/26