Malaysia’s High Court on Monday ruled that there was no evidence showing the 1Malaysia Development Berhad (1MDB) state fund suffered losses of US$3.7 billion. Opposition chairman and former prime minister Mahathir Mohamad on Sunday vowed to “squeeze” money out of Prime Minster Najib Razak and other high-profile associates to recoup funds allegedly misappropriated from 1MDB. Najib defended himself saying that the Public Accounts Committee (PAC) report on 1Malaysia Development Berhad (1MDB) did not implicate him of any wrongdoing.