A Singaporean court has ordered the return of S$15.3 million (US$11.1 million) linked to the indebted 1MDB Malaysian state investment fund.
Law firm Tan Rajah & Cheah said on Monday that the misappropriated funds were being transferred to a special 1MDB recovery bank account in the Malaysian capital, Kuala Lumpur.
It did not say how many individuals were involved.
The Malaysians hiding their Hermes and the ones flashing the cash
“Efforts to recover other unlawfully misappropriated…
We understand Legal Issues in Asia