No deadline to recover all 1MDB assets despite RM20.1b net burden, says Amir Hamzah
KUALA LUMPUR, Oct 28 — The government has not set a target year to conclude all claims and asset recovery efforts...
Prime Minister Datuk Seri Amir Hamzah has clarified that there is no set deadline for recovering all remaining assets and settling the remaining liabilities related to 1Malaysia Development Bhd (1MDB), despite the government having already paid RM42.5 billion towards 1MDB-related debts and commitments. According to Hamzah, the maturity date of the principal for government-guaranteed 1MDB-related Islamic Medium Term Notes (IMTN) sukuk is 2039, which does not equate to the deadline for resolving claims or recovering assets.
During question time in the Dewan Rakyat today, Hamzah responded to Lee Chuan How (PH-Ipoh Timor) regarding the target date for settling 1MDB's remaining net liabilities and outstanding recovery claims. Hamzah emphasized that the timeframe for resolving claims and recovering assets depends on court decisions and enforcement proceedings, both domestically and overseas.
As of August 31, 2026, the government had paid RM31.3 billion in fund and asset recoveries, leaving a net burden of RM20.1 billion assuming no further recoveries.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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