Kuala Lumpur is currently in mediation talks in Hong Kong with Julius Baer in a bid to secure an out-of-court settlement, and the government’s case against Deutsche Bank is expected to begin sometime in Kuala Lumpur this month.
No dates have been fixed for the other cases yet.
Johari said other parties that received funds directly from 1MDB are also under the task force’s “legal radar”. He did not elaborate.
“We are flexible. If parties choose to enter into negotiations after suits are filed, we are open,” he said, adding that the task force will intensify efforts in the coming months to recover as much money as possible lost by Malaysia in the scandal.
