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Lawyers don’t get commissions for recovering 1MDB assets, says board
Published:  Mar 26, 2021 8:41 PM
Updated: 12:41 PM

The state investment fund 1MDB said lawyers helping in its lawsuits and to recover its allegedly misappropriated assets do not earn a commission based on the amount recovered, contrary to what some parties have claimed.

“These legal counsels are remunerated based on a pre-agreed time cost, and not based on commission or a percentage of the value of settlements, or assets recovered...


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