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Malaysia to Repatriate $30 Million Artworks Tied to 1MDB
12/13/2025
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Malaysia Repatriates Artworks
- Malaysia plans to repatriate 12 artworks valued over $30 million linked to the 1MDB scandal.
- The works include Picasso and Matisse and are held by Christie’s and Sotheby’s in the U.S., bought by Jasmine Loo, a former state fund lawyer.
- U.S. officials are negotiating with fugitive Low Taek Jho and Tim Leissner, the Goldman Sachs banker sentenced to two years.
- Malaysia seeks Tim Leissner’s extradition to stand trial for related crimes.
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