Malaysia
MACC targets recovery of RM8b in remaining 1MDB assets, nearly 75pc already reclaimed
Malaysian Anti-Corruption Commission chief commissioner, Tan Sri Azam Baki poses for a picture with four high-value artworks linked to the 1MDB scandal, including pieces by Pablo Picasso and Joan Miro, during a press conference at MACC headquarters in Putrajaya May 6, 2026. — Picture by Yusof Isa

KUALA LUMPUR, May 6 — The Malaysian Anti-Corruption Commission (MACC) is still aiming to recover close to RM8 billion in stolen 1MDB assets, its outgoing chief commissioner Tan Sri Azam Baki said today, as the agency claimed success in repatriating up to 75 per cent of the siphoned assets and monies as of 2025.

A large chunk of the assets still unrecovered are tied to certain individuals, including one said to hold up to RM2 billion in stolen funds, Azam told a press conference here.

“In all, I think there’s about US$2 billion (RM7.9 billion) still to be recovered,” Azam told a press conference here.

“Some of them are tied to individuals and other entities. Some US$800 million is believed to be held by one person and another about £100 million (RM536 million),” he added.

The agency said it has recovered at least RM31.3 billion, or 74.5 per cent, of the RM42 billion misappropriated from investment fund 1MDB as of 2025, hailing it as among the highest asset recovery rates globally for a large-scale financial crime case.

The asset recovery efforts began in 2019, with RM1.155 billion retrieved that year, followed by RM14.257 billion in 2020 and RM5.117 billion in 2021.

“Subsequently, RM400.38 million was recovered in 2022, RM8.088 billion in 2023, RM715.95 million in 2024 and RM1.566 billion in 2025,” Azam said.

 

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