AGC: No offence by 1MDB in Bank Negara probe


PETALING JAYA:  The Attorney General's Chambers (AGC) has decided that no offence was committed by 1Malaysia Development Berhad (1MDB) based on an investigation paper (IP) by Bank Negara and no further action should be taken.

The AGC said Bank Negara's investigation into 1MDB was focused on an offence under paragraph (4)(b) of Part 1 of the Fifth Schedule to the Exchange Control Act 1953 for recklessly making a statement which is false in a material particular.

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AG , 1MDB , Bank Negara

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