<div class=newsTextDataWrapInner><p>PUTRAJAYA (July 6): The government is focusing on the recovery of 1Malaysia Development Bhd (1MDB) assets, following the settlement agreement between the US Department of Justice (DOJ) and fugitive Low Taek Jho, also known as Jho Low, said Home Minister Datuk Seri Saifuddin Nasution Ismail.</p></div>

<div class=newsTextDataWrapInner><p>“When our national assets are returned to the DOJ, our focus is on asset repatriation,” he said at a press conference after officiating the Police Day Run here on Saturday.</p></div>

<div class=newsTextDataWrapInner><p>When asked if the government is not focusing on pursuing Jho Low, he emphasised that the current priority is asset recovery.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Recently, Jho Low was reported as handing over assets worth more than US$100 million (RM471 million), including a luxury apartment in Paris and artworks by Claude Monet and Andy Warhol.</p></div>

<div class=newsTextDataWrapInner><p>The agreement is meant to resolve the civil forfeiture case related to his involvement in the 1MDB corruption and embezzlement scandal.</p></div>

<div class=newsTextDataWrapInner><p>These assets are in addition to nearly US$1 billion of 1MDB funds, including a US$120 million superyacht&nbsp;previously forfeited from Jho Low and his family.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/717168" target="_blank">Jho Low, US Justice Dept reach fresh pact to wind down 1MDB forfeiture case, CNA reports</a><br />
<a href="https://theedgemalaysia.com/node/716994" target="_blank">US recovers Monet painting, Paris apartment from Jho Low</a></em></p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Tham Yek Lee</em></p></div>


The government is focusing on the recovery of 1Malaysia Development Bhd (1MDB) assets, following the settlement agreement between the US Department of Justice (DOJ) and fugitive Low Taek Jho, also known as Jho Low, said Home Minister Datuk Seri Saifuddin Nasution Ismail.

Malaysia's priority is repatriation of 1MDB assets — home minister

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He stated that this target can be achieved with Malaysia’s participation in the Fellowship of the Royal College o...

Dzulkefly: Number of oncologists in Malaysia to reach 400 by 2040

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<p>The Madani government will address the issue of inflation in Budget 2025, which will be tabled on Oct 18, Prime Minister Datuk Seri Anwar Ibrahim said.</p>


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<p>Wynn Resorts Ltd said it has been awarded the first commercial gaming operator’s licence in the United Arab Emirates by the country’s General Commercial Gaming Regulatory Authority.</p>


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<p>Over at The <b>Reserve Bank of Australia</b>, the minutes for its <b>September policy meeting</b> will be released on Tuesday.</p>


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<p>Open bidding of renewable energy certificates (RECs) generated this year through the Malaysia Green Attribute Trading System (mGATS) platform will take place from the seventh to the 11th of every month, until all the RECs offered have been fully acquired.</p>


<p>Boustead Properties Bhd, under its Mutiara Spaces brand, has launched a new mobile app — Mutiara X Super App — on Thursday.</p>

<p>The app serves as a digital platform that consolidates Mutiara Spaces’ offerings into one touchpoint. It provides customers with access to exclusive rewards, extra privileges and a seamless experience across lifestyle, property and reward programmes.</p>


<p>The European Union unleashed one of its most powerful economic tools on China, imposing tariffs on electric vehicles (EVs) in a move that increases the risk of retaliatory measures and backfiring on domestic consumers and companies.</p>


<p>Boeing's and its largest union said on Friday that contract talks will resume on Oct 7, as both sides seek an agreement to end a strike by around 33,000 of the planemaker's US West Coast factory workers.</p>


<p>PUTRAJAYA (Oct 5): The number of oncologists in Malaysia is expected to increase to 400 by 2040, up from the current 175, said Health Minister Datuk Seri Dr Dzulkefly Ahmad.</p>

<p>He stated that this target can be achieved with Malaysia’s participation in the Fellowship of the Royal College o...

<p>The government is working to expand the network of cancer centres in Malaysia, Deputy Prime Minister Datuk Seri Fadillah Yusof said.</p>

<p>He said two new centres will be established as part of this initiative — the Northern Region Cancer Centre in Kedah and the Sarawak Cancer Centre in Kota Samarahan, Sarawak.</p>


<p>It is now conventional wisdom that global capital flows to the developing world are pro-cyclical, increasing when advanced economies ease monetary policy and retreating when their interest rates rise. A case in point is the growing number of developing countries experiencing liquidity and solvenc...