officials: Officials estimated that another AUD 7.2 billion worth in assets abroad linked to the fund could be recovered, according to Nine News Australia. Latheefa Koya, the new chief of the Malaysian Anti-Corruption Commission, said the agency has filed complaints in the high court against 41 individuals and entities to recover the money allegedly given to them by ex-prime minister Najib Razak. To improve your experience update it here News World Malaysia seeks embezzled billions in 1MDB scandal By Associated Press4 27pm Jun 21, anti-graft agency said it has begun legal action to seek forfeiture and recovery of 270 million ringgit AUD 94 million embezzled from the 1MDB investment fund. US investigators say at least AUD 6.5 billion were allegedly stolen and laundered by Najib's associates from 1MDB. Ex-prime minister Najib Razak is at the centre of the 1MDB scandal. The 1MDB fiasco led to Najib's shocking electoral defeat in May last year and ushered in the country's first change of power since independence from Britain in 1957. AP Najib set up the fund when he took power in 2009, but it accumulated billions in debts.
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