PETALING JAYA: Bank Negara has started its probe into 1MDB. It says the fund was not accorded special treatment in its operations.
It will issue a legal directive to obtain information from 1MDB and investigate all the fund’s overseas investments and offshore borrowings. However, Bank Negara’s scope to investigate does not extend to offences like fraud, tax evasion, corruption or criminal breach of trust.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
