Special task force to track, recover overseas assets

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PUTRAJAYA: A special task force will be set up for Malaysia to track and recover nearly US$5 billion worth of overseas assets related to 1Malaysia Development Berhad (1MDB) and SRC International Sdn Bhd (SRC), said Malaysia Anti-Corruption Commission (MACC) Deputy Chief Commissioner (Operations) Datuk Seri Azam Baki.

He said the task force would be led by National Governance, Integrity and Anti-Corruption Centre
(GIACC) and would also include the Royal Malaysia Police, the Attorney-General Chamber and the
MACC.

“We need to do all… like money trail, talk to many agencies and look into the legal issues,” he told reporters here yesterday.

Without disclosing any details, Azam said the assets were located in many countries. – Bernama

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