KUALA LUMPUR -- The 1Malaysia Development Berhad (1MDB) financial scandal is back in the spotlight, with the Malaysian government recovering more money from corporate big names and the family of a celebrated ex-central banker coming under investigation for allegedly receiving stolen funds.
Settlements in the past couple of weeks alone have secured 2.83 billion ringgit ($700 million) from local banking group AmBank on Feb. 26 and about $80 million from global auditing firm Deloitte last Wednesday.