MACC investigating individuals in Kuwait over misappropriation of 1MDB funds
The commission says it is waiting for some evidence from the Kuwaiti authorities requested through mutual legal assistance.
The Malaysian Anti-Corruption Commission (MACC) is investigating several individuals in Kuwait over the misappropriation of 1MDB funds, the commission said in a statement yesterday.
MACC said it had had several discussions with enforcement agencies in Kuwait over the past two years.
"Currently, MACC is waiting for some evidence from the Kuwaiti authorities that was requested through mutual legal assistance, and the matter is still being studied by the Kuwaiti side.
"MACC, as one of the leading agencies in asset recovery efforts, is focusing on the recovery of assets and money lost as a result of the embezzlement at 1MDB and several other companies involved," is said.
It also said that the Attorney-General's Chambers had rejected the settlement offer made by wanted businessman Low Taek Jho, or Jho Low, to the Malaysian government on July 16.
"MACC asks all parties not to speculate on this issue to avoid confusion among the general public which may also affect the investigation," it added.
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