US to Return Seized 1MDB Assets Soonest Possible

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Money coming home soon.

US ambassador to Malaysia Kamala Shirin Lakhdhir has assured the Finance Ministry that assets seized from 1Malaysia Development Berhad (1MDB) will be returned to Malaysia as soon as possible.

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Finance Minister Lim Guan Eng revealed this on Twitter Tuesday (June 12) after a meeting with Kamala where they discussed American investments and companies in Malaysia.

“She reassured me that assets seized from 1MDB will be monetised and returned to Malaysia as early as possible,” Lim said.

The US Department of Justice has filed civil lawsuits to seize assets it says were bought with funds misappropriated from state fund 1MDB.