KUALA LUMPUR, Jan. 9 -- Malaysia expects to claw back billions more linked to the 1Malaysia Development Berhad (1MDB) scandal, with recovery efforts now focused on individuals previously found to have received misappropriated funds - including PetroSaudi chief executive Tarek Obaid and members of fugitive financier Jho Low's family.
According to Berita Harian, the Malaysian Anti-Corruption Commission (MACC) is pursuing about RM600 million believed to be linked to Tarek Obaid, while accounts held by Jho Low's family are also expected to be returned to the government in the near term.
Overall, investigators anticipate that around RM5 billion could be repatriated as part of the next phase of recovery.
MACC chief commissioner Tan Sri Azam ...
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