1MDB: The Edge report is old, unsubstantiated and recycled

PETALING JAYA: 1Malaysia Development Bhd has described a report about the company in The Edge Financial Daily as “old, unsubstantiated and recycled”.

“We are surprised that these old and unproven allegations are being recycled yet again, when in fact there are multiple ongoing investigations being conducted by the lawful authorities on the issues raised previously,” the state investment fund said in a statement following the business daily’s front-page report on 1MDB yesterday.