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Malaysia to seek return of 1MDB money from banks, political parties

Reuters  |  KUALA LUMPUR 

By Joseph Sipalan and A. AnanthalakshmiKUALA LUMPUR (Reuters) - Malaysia intends to recover all funds illicitly taken from 1Malaysia Development Berhad (1MDB), and determine whether there are grounds for claims against companies, including Goldman Sachs, that profited from dealing with the beleaguered state fund.Finance Minister Lim Guan Eng told Reuters in an interview on Thursday that a plan was "on the table" to ask all individuals and political parties to return money that came from 1MDB, which was allegedly used as a slush fund by former prime minister Najib Razak.Having defeated his ...

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First Published: Thu, June 14 2018. 23:49 IST