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JPMorgan Pays $330 Million to Settle 1MDB Claims

8/23/2025

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Summary

Story summary

JPMorgan Chase will pay $330 million to Malaysia to settle claims from the 1MDB scandal.
The funds will be deposited into Malaysia's Assets Recovery Trust Account, with no admission of liability by JPMorgan.
This settlement follows a fine on JPMorgan's Swiss unit for not preventing money laundering tied to 1MDB.
Malaysia has recovered over $7 billion related to 1MDB through multiple settlements.

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Story summary

JPMorgan Chase will pay $330 million to Malaysia to settle claims from the 1MDB scandal.
The funds will be deposited into Malaysia's Assets Recovery Trust Account, with no admission of liability by JPMorgan.
This settlement follows a fine on JPMorgan's Swiss unit for not preventing money laundering tied to 1MDB.
Malaysia has recovered over $7 billion related to 1MDB through multiple settlements.