comparemela.com

Latest Breaking News On - Malaysia assets recovery trust - Page 4 : comparemela.com

Ground News - Financial scandal: Malaysia gets Deloitte s R1bn settlement, still in talks with KPMG

Finance Ministry: Malaysia received RM336m from Deloitte for 1MDB, SRC settlement | Malaysia

KUALA LUMPUR, June 3 The Malaysian government announced today that it has received the remittance of US$80 million (RM336 million) in from an out-of-court settlement related to 1Malaysia Development Berhad (1MDB) from international audit firm Deloitte PLT. The Finance Ministry said the monies.

US DoJ remits RM1 9b in 1MDB related funds back to Malaysia

KUALA LUMPUR (May 12): The US Department of Justice (DoJ) has remitted some RM1.9 billion or US$452.36 million in funds related to 1Malaysian Development Bhd (1MDB) into Malaysia’s Asset Recovery Trust Account. In a statement, the Ministry of Finance (MoF) said so far, the account had received RM16.05 billion of seized and repatriated 1MDB funds. The ministry added that any balance in the trust account, which is under the custody of the Accountant-General s Department of Malaysia, will be used to primarily repay and service 1MDB and its former subsidiary SRC International Sdn Bhd’s remaining debts. To date, the government has repaid RM12.4 billion of 1MDB’s debt and RM3.1 billion of SRC’s debt. The outstanding debt balance which is composed of principal and coupon, profit and interest of bonds, sukuk and term loans stands at RM39.8 billion for 1MDB and RM2.57 billion for SRC.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.