Malaysian Anti-Corruption Commission (MACC) chief commissioner Azam Baki said the assets would be the last of those that were misappropriated.
To date, he said Malaysia has recovered RM31.3 billion, or 74.53% of the RM42 billion misappropriated from 1MDB as of 2025.
He said the percentage of recovered misappropriated funds was higher than the international standard of about 60% to 70%.
At a press conference here, Azam also unveiled four artworks repatriated from New York after being traced to funds linked to 1MDB.
Azam said the artworks were returned to Malaysia on April 14 with help from the US Department of Justice (DoJ), the Federal Bureau of Investigation (FBI), Sotheby’s auction house, and the Attorney-General’s Chambers.
“These artworks were not seized, but surrendered through a legal process.
“This demonstrates that asset recovery adheres to the rule of law and diplomacy,” he said.
Also present at the press conference were representatives from the US embassy in Malaysia and the FBI.
The four artworks currently being held at the MACC headquarters will be handed over to the National Art Gallery.
They are Joan Miro’s “Composition” (1953), purchased at US$93,750; Maurice Utrillo’s “Maison de rendez-vous, rue Saint-Rustique, Montmartre” (1934), valued at US$50,000; Balthus’ “Étude pour femme couchée” (1948), valued at US$28,125; and Pablo Picasso’s “L’Ecuyère et les clowns” (1961), valued at US$26,250.
Azam said the paintings were worth around US$198,125 (RM786,556) in total, and that it would be up to the government whether to sell or keep the paintings.
He said the paintings were shipped from New York on April 8 and arrived at KLIA on April 10 under tight security involving customs officers, the National Art Gallery, and logistics personnel.
8 more paintings to be brought back
Azam said the remaining eight of the 12 paintings were at various stages of recovery.
They include another one by Picasso, as well as works by Henri Matisse, Alexander Calder, William H Bailey, Raoul Dufy, Salvador Dali, and Gustave Loiseau.
Overall, the remaining artworks are estimated to be worth about US$1.7 million (RM6.9 million), Azam said.
MACC is also seeking to recover proceeds from the sale of Claude Monet’s “Vétheuil au Soleil”, which sold in Switzerland for €25.2 million (RM114 million).
“These funds are currently under seizure proceedings by US authorities, and recovery efforts are ongoing through legal channels and cooperation with authorities in the US and Switzerland,” Azam said.
Other 1MDB recovery efforts include the sale of the luxury yacht Equanimity for about RM543 million, the return of private jets and overseas properties, as well as settlements involving Goldman Sachs Group Inc, International Petroleum Investment Company, Aabar Investments PJS, and audit firms Deloitte and KPMG.