Malaysia has achieved a major milestone in its fight against the 1Malaysia Development Berhad (1MDB) scandal. According to a new Mutual Evaluation Report released on December 11, between 2019 and February 2025, the Malaysian government recovered $9.5 billion in assets, with 75 percent of these directly linked to the 1MDB case.
The 1MDB scandal, which rocked Malaysia for almost a decade, involved the theft of $4.5 billion from a government-owned investment fund. High-profile figures, including former Prime Minister Najib Razak and financier Jho Low, were implicated in a global money laundering scheme that funneled stolen funds into luxury items, films, real estate, and even Hollywood films.
Investigations and Convictions Show Progress
According to the report, Malaysia’s law enforcement agencies, working closely with international partners, have stepped up investigations significantly. The Financial Action Task Force (FATF) and the Asia/Pacific Group on Money
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