PUTRAJAYA, MALAYSIA Oct 10, 2025 – The Malaysian Anti-Corruption Commission (MACC) has successfully obtained a court order to freeze transactions exceeding USD115 million held in Swiss bank accounts belonging to Saudi royal Prince Turki Abdullah Abdulaziz Al-Saud, as part of efforts to prevent the transfer of funds allegedly siphoned from the 1Malaysia Development Berhad (1MDB) scandal.
The restraint order was issued by High Court Criminal Division 1 Judge Nurulhuda Nur’aini Mohamad Nor during a case hearing on October 9, 2025, following MACC’s application filed on October 7, 2025, under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA).
According to an official MACC statement, the application stems from information received in 2011, revealing that Prince Turki, a nephew of the late King Abdullah, had received, transferred, and used 1MDB misappropriated funds through his bank accounts.
Under this order, MACC has successfully frozen transactions involving USD87,148,732.89 and USD12,777,759.74 in two accounts at J.P. Morgan, as well as USD15,394,169 in an account at UBS Switzerland, totaling USD115,320,661.63 – equivalent to approximately RM486.4 million based on current exchange rates.
This move is part of MACC’s ongoing efforts to trace and seize illicit assets related to the 1MDB scandal, which has implicated various individuals and international entities for years. No further comments were issued by MACC regarding the implications of the order on subsequent investigations.