1MDB, SRC file suits against local, international parties to recover RM97b

1MALAYSIA Development Bhd (1MDB) and SRC International Sdn Bhd have filed civil suits to recover assets worth over RM96.6 billion (US$23 billion) combined, including RM300 million against local parties.

The Ministry of Finance (MoF) said legal representatives of both entities had filed the suits last Friday — six writs initiated by 1MDB and 16 from SRC — making it 22 civil cases.

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