Bank Negara pursuing action against 1MDB

comments     Kow Gah Chie     Published     Updated

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


Malaysiakini
news and views that matter


Sign In