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Image Credit: Times Now

Legal action carried out in Malaysia to recover $65 million from 1MDB

Legal action has been carried out in Malaysia in order to get back nearly $65 million, that were stolen from the scandal-hit state fund 1MDB. Maximum of the looted amount was from groups connected to the removed ex-regime, the anti-corruption authorities said today. A huge amount of money was robbed from the investment vehicle and spent on everything from yachts to expensive artwork. Now the new govt wants it back.