JP Morgan to pay Malaysia $330 million to resolve matters related to 1MDB, joint statement says-August 2024-www.financetom.com

JP Morgan to pay Malaysia $330 million to resolve matters related to 1MDB, joint statement says

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JP Morgan to pay Malaysia $330 million to resolve matters related to 1MDB, joint statement says

Aug 22, 2025 3:19 AM

KUALA LUMPUR, Aug 22 (Reuters) - JPMorgan Chase ( JPM )

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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