What is the amount of the latest tranche of 1MDB funds received?

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Latest Tranche of 1MDB Funds Received Totals US$300 Million

Malaysia has received a total of US$300 million in the latest tranche of funds linked to the 1Malaysia Development Bhd (1MDB) asset recovery efforts. This most recent sum, credited in April, comprises monies and assets that were recovered and forfeited by, or surrendered to, the US Department of Justice (DoJ). To date, Malaysia has received a cumulative US$620 million from the United States since the 1MDB asset recovery process began in June 2018.
Latest Tranche Details

The US$300 million received in April represents funds or assets connected to 1MDB that were ultimately recovered and forfeited by, or surrendered to, the US Department of Justice. This latest transfer marks a continuation of efforts to repatriate assets linked to the scandal.
Cumulative Recoveries from the US

Since the initiation of 1MDB asset recovery efforts in June 2018, Malaysia has cumulatively received US$620 million from the United States. This figure encompasses various tranches of funds and asset sale proceeds repatriated through cooperation with US authorities.
Previous Recoveries Mentioned

Prior to the latest tranche, earlier recoveries included US$57 million from the settlement with Red Granite Pictures, credited in March 2019. Additionally, US$137 million was received from the sale proceeds of Jho Low’s interest in the Park Lane Hotel in April 2019, and US$126 million from the judicial sale of the luxury yacht, Equanimity, credited in December 2019.
Ongoing Recovery Efforts

The Ministry of Finance has indicated that the recovery of 1MDB-related assets is still an ongoing process. The ministry pledges to continue its full cooperation with all domestic and international investigating entities to achieve further positive outcomes in future asset recovery endeavours.

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What is the amount of the latest tranche of 1MDB funds received?

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