PETALING JAYA: Bank Negara has started its probe into 1MDB. It says the fund was not accorded special treatment in its operations.
It will issue a legal directive to obtain information from 1MDB and investigate all the fund’s overseas investments and offshore borrowings. However, Bank Negara’s scope to investigate does not extend to offences like fraud, tax evasion, corruption or criminal breach of trust.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
