Tag: Malaysian corruption scandal

  • U.S. returns 300m dollars linked to Malaysian corruption scandal

    U.S. returns 300m dollars linked to Malaysian corruption scandal

    The U.S. has repatriated another 300 million dollars stolen from the corruption-stained Malaysian state development fund known as 1MDB, authorities said on Wednesday. In total, 620 million dollars has been returned to Malaysia, money the U.S. Justice Department said was laundered through financial institutions in the U.S., Switzerland, Singapore, and Luxembourg. The money is part…