Kuala lumpur: The Malaysian Anti-Corruption Commission (MACC) has successfully obtained a High Court order to block three transactions totaling US$115,320,661.63 (approximately RM486.4 million) in Swiss bank accounts. These funds are allegedly linked to misappropriated 1Malaysia Development Berhad (1MDB) monies held under the name of Prince Turki Abdullah Abdul Aziz Al-Saud.

According to BERNAMA News Agency, the transactions included US$87,148,732.89 and US$12,777,759.74 in two separate accounts at J.P. Morgan, as well as US$15,394,169 in a UBS Switzerland bank account. The MACC's statement indicated that Judge Nurulhuda Nur'aini Mohamad Nor issued the order during a hearing after considering the application filed by the MACC on October 7.

The court order was issued under Section 53 of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLATFPUAA). The MACC's application was based on information received in 2011, which suggested that Prince Turki had received, transferred, and utilized proceeds from the misappropriation of 1MDB funds through these bank accounts.