Malaysia hires Singapore law firm to recover seized 1MDB assets here

Malaysia appointed the law firm to file an application for orders in the Singapore High Court against 53 companies and individuals to recover monies belonging to 1MDB.
Malaysia appointed the law firm to file an application for orders in the Singapore High Court against 53 companies and individuals to recover monies belonging to 1MDB. PHOTO: REUTERS

Singapore law firm Tan Rajah & Cheah has been appointed to recover assets seized by the Singapore authorities following investigations into the 1Malaysia Development Berhad (1MDB) scandal.

Mr Imran Khwaja, a partner in the firm, yesterday confirmed it is "looking into the recovery of certain assets in Singapore belonging to the government of Malaysia and/or 1MDB". The 1MDB investigations were reopened by Malaysian Prime Minister Mahathir Mohamad after the defeat of former premier Najib Razak in the May 9 elections. Mr Imran said he was unable to discuss the matter when asked by The Straits Times what and how much assets the Malaysian government is seeking to recover, and what legal action has been taken to date.

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A version of this article appeared in the print edition of The Straits Times on July 19, 2018, with the headline 'Malaysia hires S'pore law firm to recover seized 1MDB assets here'. Print Edition | Subscribe