US$1 billion in assets frozen in Malaysian financial crime probes since 2022, says PM Anwar

KUALA LUMPUR – Enforcement agencies have frozen RM4.3bil in assets and seized a further RM1bil in their efforts to tackle money laundering and corporate-related offences over the past four years. Prime Minister Datuk Seri Anwar Ibrahim said RM48.3mil had also been forfeited, while compounds totalling RM1.1bil were imposed between 2022 and September this year. The [...]