The coal mining project in Mongolia never materialised, even though US$60 million (RM281 million) was paid by SRC International Sdn Bhd to its subsidiary SRC BVI for a joint venture with an Abu Dhabi company called Aabar, the high court heard.
While Malaysia celebrates the return of US$1.37b in misappropriated 1MDB assets from the US, Law Minister Datuk Seri Azalina Othman Said reveals that the final tally of recovered wealth remains a moving target due to market fluctuations and complex, ongoing global court battles
