JP Morgan to pay Malaysia $330 million to resolve matters related to 1MDB, joint statement says
ReutersAug 22, 2025 9:58 AM
KUALA LUMPUR, Aug 22 (Reuters) - JPMorgan Chase JPM.N will pay the Malaysian government $330 million as part of a settlement to resolve all matters related to its role in the multi-billion dollar scandal at state fund 1Malaysia Development Berhad (1MDB), the company and the government said in a joint statement on Friday.
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