1MDB accepts Bank Negara’s right to revoke permissions


PETALING JAYA: 1Malaysia Development Berhad (1MDB) says it acknowledges and respects the authority of Bank Negara Malaysia (BNM) to revoke its permissions, and to issue any direction it deems fit under the Financial Services Act 2013.

In a statement released on Friday night, it said that despite the Attorney-General’s Chambers (AGC) confirming that 1MDB officials committed no offence, the Government investment arm would continue to cooperate and engage with BNM.

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1MDB , AGC , Bank Negara

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