Bank Negara pursuing action against 1MDB
1MDB had ignored the instruction of Bank Negara to submit its evidence that the state fund was unable to repatriate US$1.83 billion in funds parked overseas.
Bank Negara governor Zeti Akhtar Aziz said 1MDB did not give any reason.
As a result, Bank Negara is pursuing an "appropriate administrative enforcement action” against 1MDB for its failure to submit the evidence.
For the rest of this story and more, subscribe for only RM150 a year. If you're already a subscriber, please sign in.
Sign in Subscribe now