Will US return all 1MDB seized assets to Malaysia?

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United States to Return Seized 1MDB Assets to Malaysia

The United States has informed Malaysia that assets seized as part of its investigation into the 1Malaysia Development Berhad (1MDB) fund will be monetised and returned to the Southeast Asian nation. This assurance was conveyed by the US Ambassador to Malaysia, Kamala Shirin Lakhdhir, to Malaysian Finance Minister Lim Guan Eng.
Confirmation of Asset Return

US Ambassador Kamala Shirin Lakhdhir directly reassured Malaysian Finance Minister Lim Guan Eng that assets seized in connection with the 1MDB fund will be monetised and subsequently returned to Malaysia. This communication occurred following a meeting between the two officials.
Basis for Seizure

The US Department of Justice has initiated civil lawsuits aimed at seizing assets that it alleges were acquired using funds misappropriated from Malaysia's state-owned development fund, 1MDB. These legal actions form the basis for the current seizure of these assets.
Timeline for Return

While the commitment to return the assets has been made, the specific timeline for their monetisation and repatriation to Malaysia is indicated to be "as early as possible." No definitive dates or detailed schedules for this process have been provided.

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Will US return all 1MDB seized assets to Malaysia?

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