Malaysia Finance Minister Estimates 10% 1MDB Recovery

The transcript discusses efforts to recover funds from the 1MDB scandal, focusing on potential recovery through Goldman Sachs and assets seized in the US. It highlights challenges such as tracing funds, ownership issues, and costs. The discussion also touches on the involvement of other banks like JP Morgan and emphasizes the need to focus on the main players involved in the scandal before exploring further actions.

What is the conservative estimate for the recovery percentage from the 1MDB scandal?

• 50%

• 70%

• 30%

• 10%

What percentage of the stolen funds is considered a hopeful recovery target?

• 20%

• 30%

• 40%

• 50%

What is one of the main challenges in tracing the stolen funds from 1MDB?

• High recovery costs

• Lack of international cooperation

• Insufficient legal framework

• Unclear ownership and jurisdiction issues

Which financial institution is clearly identified for potential recovery efforts?

• Citibank

• JP Morgan

• Goldman Sachs

• HSBC

What is the primary focus before exploring the involvement of other banks in the 1MDB scandal?

• Establishing a new legal framework

• Negotiating with international banks

• Identifying the main perpetrators

• Recovering all stolen funds