Malaysia still faces billions in 1MDB losses, minister says
By The BriefBrief
Malaysia will still lose tens of billions of ringgit from the 1MDB scandal despite further overseas asset recoveries, Second Finance Minister Amir Hamzah Azizan said Wednesday. Malaysia has paid RM42.5 billion (S$13.29 billion) toward 1MDB-related debts and commitments. Former prime minister Najib Razak, imprisoned since 2022 after a corruption and money-laundering conviction tied to SRC International, is preparing to move to house arrest.
WHO:Malaysia's Second Finance Minister Amir Hamzah Azizan
WHAT:said Malaysia will still lose tens of billions of ringgit from the 1MDB scandal despite further overseas asset recoveries
WHEN:Oct 28, 2026
WHERE:Malaysia
WHY:Further overseas asset recoveries will not erase Malaysia's 1MDB-related losses.
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