Singapore central bank files police report on 1MDB article


This is what you need to know about 1MDB

SINGAPORE (Bernama): The Monetary Authority of Singapore has filed a report with the Singapore Police Force against the author of an article published on www.statestimesreview.com on Nov 5, 2018, which made statements claimed to be false and malicious, and impugned the integrity of the central bank as a financial regulator.

The article titled “Lee Hsien Loong becomes 1MDB's key investigation target” alleged that Malaysia had signed several unfair agreements with Singapore, in exchange for Singapore banks' assistance in laundering 1MDB (1Malaysia Development Berhad) funds.

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