Singapore Court Orders Return of 1MDB Money to Malaysia

A court in Singapore has ordered $11 million in seized funds be returned to Malaysia as part of efforts to recover misappropriated money from Malaysia's 1MDB state investment fund. Law firm Tan Rajah & Cheah, hired by Malaysia to lead the recovery process, said Monday the money was being transferred to a special bank account in Kuala Lumpur set up specifically for missing 1MDB money. It also said additional work to recover more unlawfully misappropriated assets is ongoing. The $11...

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