top of page

JPMORGAN AGREES TO PAY MALAYSIA $330 MILLION TO SETTLE 1MDB CLAIMS

  • NEWS Desk Global
  • Aug 22, 2025
  • 1 min read

JPMorgan Chase will pay the Malaysian government $330 million to settle matters related to its role in the multibillion-dollar scandal at state fund 1MDB, both parties said on Friday.

The settlement was announced as Swiss authorities separately found the U.S. bank guilty and fined it for failing to prevent money laundering in its dealings related to 1Malaysia Development Berhad.

Comments

Commenting on this post isn't available anymore. Contact the site owner for more info.
bottom of page