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00:04The 1MDB scandal has been ongoing since 2015.
00:07The government continues to cooperate with law enforcement agencies in many countries.
00:09Investigate all overseas assets related to 1MDB
00:12This includes 12 highly anticipated and expensive paintings.
00:16Anti-Taiwan independence leader Ajambay held a press conference today.
00:19Four of the paintings that have been successfully recovered were publicly displayed.
00:23The total value is approximately US$198,000.
00:26That's approximately RM786,556.
00:30What about this batch of paintings?
00:31By Lu Ai Shuang, former legal counsel of 1MDB
00:34Purchased earlier through Sotheby's auction house in New York.
00:38Subsequently included in the scope of overseas asset tracking.
00:41Azhanbaki also revealed
00:42Of the RM42 billion misappropriated from 1MDB
00:47As of last year
00:48my country has successfully recovered approximately 74.5% of its [resources/equipment].
00:52The total amount reached RM31.3 billion
00:55Among the world's largest financial crime cases
00:58One of the records with the highest asset recovery rate
01:01He emphasized that this progress shows
01:03Singapore has made progress in recovering 1MDB-related overseas assets.
01:07Related work will continue to be carried out.
01:13The Anti-Counterfeiting Committee held a press conference today to publicly demonstrate the successful recovery of [illegible items] from overseas.
01:17Four high-priced paintings related to 1MDB assets
01:20These are compositions by Juan Miró.
01:22Balthus's Woz Women in the West Seat
01:24Picasso's Knight and the Joker
01:26And Henry IV's hunting lodge in Utrilo
01:30The total value exceeds RM780,000
01:32At a press conference, the chairman of the Anti-Counter-Relations Association, Ajambaki, stated...
01:35By 2025
01:36Our country has successfully recovered funds misappropriated from 1MDB.
01:39Of the RM42 billion in funds
01:41More than RM31.3 billion recovered
01:43Belonging to a large-scale global financial crime scandal
01:46One of the records with the highest asset recovery rate
02:07Azheng Pakistani pointed out
02:09Because storage and processing require consideration of temperature.
02:11In addition, there will be insufficient manpower and resources for a rebound.
02:14Therefore, these four famous paintings will be exhibited soon.
02:16Transferred to the National Art Museum for safekeeping
02:18And we believe it will be open to the public soon.
02:36In addition to the four paintings on display today
02:38Azheng Pakistani pointed out
02:40There are eight other paintings.
02:41Paintings worth over RM100 million
02:43Asset recovery procedures are still in different stages
02:46It is expected to be available by the middle of this year.
02:48Shipped back to my country
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