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Twelve paintings, including a Picasso, valued at $30M, repatriated from U.S. to Malaysia amid 1MDB scandal.
Twelve high-value paintings, including a 1961 Pablo Picasso work, linked to the 1MDB corruption scandal and valued at about $30 million, are set to be exhibited at Malaysia’s National Art Gallery after being repatriated from the U.S.
The Malaysian Anti-Corruption Commission is overseeing their return from Christie’s and Sotheby’s, with the gallery managing their display and preservation.
The move marks a key step in recovering assets tied to the fund misappropriation case.
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Doce pinturas, incluido un Picasso, valorados en $30M, repatriados de EE.UU. a Malasia en medio del escándalo 1MDB.