Putrajaya undeterred in bid to recover 1MDB funds, says Johari

Free Malaysia Today

1MDB task force chairman Johari Ghani says Putrajaya is pursuing arbitration against Goldman Sachs and exploring a lawsuit against ‘seven international banks’.   Read More:  https://www.freemalaysiatoday.com/category/nation/2025/02/14/putrajaya-undeterred-in-bid-to-recover-1mdb-funds-says-johari/   Laporan Lanjut:  https://www.freemalaysiatoday.com/category/bahasa/tempatan/2025/02/14/perkembangan-di-as-tak-jejas-pemulihan-aset-1mdb-kata-johari/   Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------  Check us out at https://www.freemalaysiatoday.com  Follow FMT on Facebook: https://bit.ly/49JJoo5  Follow FMT on Dailymotion: https://bit.ly/2WGITHM  Follow FMT on X: https://bit.ly/48zARSW  Follow FMT on Instagram: https://bit.ly/48Cq76h  Follow FMT on TikTok : https://bit.ly/3uKuQFp  Follow FMT Berita on TikTok: https://bit.ly/48vpnQG  Follow FMT Telegram - https://bit.ly/42VyzMX  Follow FMT LinkedIn - https://bit.ly/42YytEb  Follow FMT Lifestyle on Instagram: https://bit.ly/42WrsUj  Follow FMT on WhatsApp: https://bit.ly/49GMbxW  ------------------------------------------------------------------------------------------------------------------------------------------------------  Download FMT News App:  Google Play – http://bit.ly/2YSuV46  App Store – https://apple.co/2HNH7gZ  Huawei AppGallery - https://bit.ly/2D2OpNP   #FMTNews #JohariGhani #1MDB #GoldmanSachs

Transcript

00:001MDB Asset Recovery Task Force Chairman Johari Ghani reaffirmed Malaysia's commitment to

00:07recovering misappropriated 1MDB funds despite recent developments in the United States.

00:14Speaking to FMT, he said Malaysia continues to engage with various countries and agencies

00:19to reclaim assets linked to the scandal.

00:22He added that the ongoing dispute with Goldman Sachs over a US$1.4 billion asset recovery

00:28guarantee is currently under arbitration, with both parties agreeing to let arbitrators

00:33decide the outcome.

00:35Johari said Goldman Sachs argues that Malaysia has already recovered more than the guaranteed

00:39sum through fines, a position Malaysia rejects.

00:43He also said the government is considering legal action against seven international banks

00:48that facilitated transactions related to the 1MDB scandal.

00:52Earlier, Journalist Cum Author Tom Wright was reported as saying that the US government's

00:57recent suspension of a law banning bribery of foreign officials would likely scuttle

01:02Putrajaya's pursuit of compensation from Goldman Sachs.

01:05Wright, who co-authored Billion Dollar Whale, a book on the 1MDB scandal, commented after

01:11US President Donald Trump signed an executive order freezing his country's Foreign Corrupt

01:16Practices Act on Monday.

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