KINIBIZ State-owned investment fund 1Malaysia Development Bhd (1MDB) has missed its own seven-month deadline to lodge its audited annual report with the authorities, a search with the Companies Commission of Malaysia (CCM) showed.

According to the CCM's Idaman information system as of 3pm today, 1MDB’s last available annual report was accurate to March 2013.

The latest annual report, for the financial year ended March 2014, should have been submitted at the end of September, six months after books close, according to company law.

However, CCM’s information system did not display a report for the financial year ended March 2014.

Companies have been known to extend the deadline by an additional month or more, although it is generally not encouraged.

1MDB is one of those companies. The investment fund was a year late in submitting the last available annual report accurate to March 2013 after it went through a  change of auditors .

In an email last month, 1MDB claimed to have until end-October to submit its annual report.

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