Anwar: 1MDB recovery about restoring trust amid RM4.2b claim against Singapore’s DBS
KUALA LUMPUR, Sept 13 — The Ministry of Finance (MoF) has taken note of a compensation claim amounting to approxim...
The Ministry of Finance (MoF) has acknowledged a compensation claim of around RM4.2 billion filed by four companies against Singapore's DBS Bank at the Singapore High Court. These companies, currently in liquidation, are seeking damages related to funds allegedly misappropriated from 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd.
Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim emphasized that the recovery efforts are aimed at restoring trust, confidence in institutions, and Malaysia's standing in the eyes of its international partners. The Madani Government is committed to strengthening institutional governance and accountability to prevent such incidents from happening again.
Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
