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'Missteps' undermine KL's bid to recover 1MDB funds
Senior Malaysian official also says legitimacy issues facing new govt complicating efforts
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Unless Malaysia is re-admitted into the US Department of Justice plan, the prospects for the 1MDB recovery effort look grim.
PHOTO: REUTERS
Leslie Lopez Regional Correspondent In Kuala Lumpur, Leslie Lopez
Malaysia's campaign to recover billions of dollars stolen from the state-owned 1Malaysia Development Berhad (1MDB) is coming apart, undermining the country's hopes of staking a claim to monies that are being recouped by international regulatory agencies.
The new government of Prime Minister Muhyiddin Yassin, which took over power in early March, is facing obstacles trying to re-establish negotiations with the wide cast of international counter parties tied directly to the claims.
