Assets
News
RM5.1 billion in assets returned last year, almost 100% linked to 1MDB, says MACC
Bernama -
MACC chief Azam Baki assures that the agency will investigate any complaints of corruption if there is sufficient evidence, even if the amount involved is small.
World
Canada looks to sell off Russian oligarchs’ assets
AFP -
Seized Russian oligarchs' assets – which local media have said top tens of millions of dollars in Canada, but officials declined to confirm – could then be used to help reconstruction in Ukraine.
World
Britain sets out ‘detailed plan’ to exploit crypto potential
Reuters -
As part of creating a global cryptoasset hub, financial services minister John Glen said Britain will legislate to bring some stablecoins under the regulatory net.
News
1MDB gets US$1.4 billion injunction against Jho Low and dad
Bernama -
The injunction will be enforced until the inter-partes application is disposed of.
News
SRC obtains court order freezing Najib’s assets
Bernama -
The former prime minister is prohibited from transferring or dissipating any of his assets up to the amount of RM42 million.
News
US offers rewards for tipsters on stolen 1MDB assets
Under the new Kleptocracy Asset Recovery Rewards Program, up to US$5 million is being offered for leads in several cases including that of 1MDB.
World
World’s largest sovereign wealth fund says Russia assets down 90%
AFP -
In response to Russia's invasion, the Norwegian government announced that the sovereign wealth fund would initially freeze its investments in Russia before divesting them – a process that is likely to take time.
World
Taliban appeal to US Congress to release Afghan assets
AFP -
Washington has seized nearly US$9.5 billion in assets belonging to the Afghan central bank, and the economy has effectively collapsed – with civil servants unpaid for months and the treasury unable to pay for imports.