Malaysia recovers $323m of 1MDB fraud money, PM's office says

Malaysia recovers $323m of 1MDB fraud money, PM's office says

The Petronas Towers peek through palm trees. Kuala Lumpur, Malaysia.

Malaysia has recovered 1.4 billion ringgit ($323 million) of funds allegedly stolen from state fund 1MDB and identified another 6.9 billion ringgit for recovery, the prime minister’s office said on Tuesday.

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