MACC working with FBI on 1MDB probe

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) has confirmed that it is working with the United States Federal Bureau of Investigation (FBI) to probe an unidentified businessman suspected of siphoning 1Malaysia Development Bhd (1MDB) funds.  

“Regarding the US Department of Justice report on 1MDB, the MACC confirms that it is cooperating with the FBI, as both parties have been working together before.  

“The cooperation mentioned is focused on the possibility of misappropriation and money laundering by a businessman who is said to have cheated 1MDB,” the statement said Friday, without naming the businessman mentioned.  

On Wednesday, the US Department of Justice filed a civil suit, seeking to seize US$1bil (RM4.02bil) worth of assets allegedly obtained using funds siphoned from 1MDB.   

In the 136-page document, US prosecutors also alleged several high-profile individuals of conspiring to launder US$3.5bil (RM14.07bil) from 1MDB to fund their lifestyles.