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Bulk of 1MDB asset recovery fund used to repay debts, says Auditor-General

KUALA LUMPUR: The balance of the 1Malaysia Development Bhd’s Asset Recovery Trust Account stood at RM1.927bil at the end of 2022, which is 87.4% lower than 2021, as a bulk of the funds were used to repay 1MDB debts that matured last year.
Kuala Lumpur Muhyiddin Yassin Anwar Ibrahim International Sdn Bhd Goldman Sachs Malaysia Development Bhd Asset Recovery Trust

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