Malaysia Fines 80 People, Companies in 1MDB Case: Anti-Graft Chief

Malaysia Fines 80 People, Companies in 1MDB Case: Anti-Graft Chief
Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Latheefa Koya speaks during a news conference in Putrajaya, Malaysia, on June 21, 2019. Lai Seng Sin/Reuters
Reuters
Updated:

KUALA LUMPUR—Malaysia has fined 80 individuals and entities for allegedly receiving money from state fund 1MDB, the country’s anti-graft chief said on Monday.

Malaysian and U.S. investigators say about $4.5 billion was misappropriated from 1Malaysia Development Berhad (1MDB), set up in 2009 by former Prime Minister Najib Razak.