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No contact by foreign legal authorities, says 1MDB

1MDB today said it has not been contacted by any foreign legal authorities on any matters related to the company.

“However, we remain committed to fully cooperating with any lawful authority and investigation, subject to advice from the relevant domestic lawful authorities, and in accordance with international protocols governing such matters,” 1MDB said in a statement in Kuala Lumpur today.

Foreign media reported that Luxembourg’s state prosecutor said it had requested a judicial inquiry into allegations of money-laundering by 1MDB.

It was reported that the enquiry was launched due to “concrete evidence following the misuse of funds held by the Malaysian government through different offshore accounts in Singapore, Switzerland and Luxembourg.”

- Bernama

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