Freeze on Swiss accounts of individuals linked to 1MDB


ZURICH: Swiss authorities said they had frozen funds in Swiss banks amid a probe into people linked to Malaysia's troubled state investment fund, 1Malaysia Development Bhd (1MDB), on suspicion of corruption and money laundering, Reuters reported.

"The Office of the Attorney General of Switzerland (OAG) has frozen assets amounting to several tens of millions of US dollars on Swiss bank accounts," an OAG spokeswoman said by email in response to an enquiry.

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Business , 1MDB , Najib Razak , WSJ , swiss

   

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