KUALA LUMPUR (Aug 13): The government has recovered a total of RM29.7 billion linked to 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC) since the Asset Recovery Trust Account was established in 2018, according to the Ministry of Finance (MOF). Of this amount, RM10.9 billion was recovered between 2022 and June 30, 2025, the ministry said in a written parliamentary reply on Wednesday.
As of July 31, 2025, RM42.17 billion in net funds had been channelled to 1MDB to meet debt repayments and financial obligations. This included RM15.44 billion from MOF and Minister of Finance Inc (MOF Inc) via shareholder advances or loans, and RM26.73 billion from recovered 1MDB assets. From this, RM28.93 billion went towards settling principal debt, while RM13.24 billion covered interest payments and other commitments.
The ministry noted that the remaining 1MDB debt — comprising principal and interest on sukuk Islamic medium-term notes due by 2039 — stands at RM9.02 billion, made up of RM5 billion in principal and RM4.02 billion in interest. For SRC, RM5.35 billion has been allocated to settle its principal, interest, and other obligations.
The MOF stressed that the recovery process remains ongoing and is complex, involving multiple local and foreign agencies, as well as legal proceedings and settlement talks. “Nevertheless, the government is committed to maximising recoveries to fully settle all 1MDB and SRC debts within the set timeframe,” it said.
