Swiss open criminal proceedings linked to 1MDB


- AFP

ZURICH: Switzerland's Office of the Attorney General (OAG) has opened criminal proceedings relating to Malaysia's troubled state investment fund 1Malaysia Development Berhad (1MDB), a spokesman said on Friday.

1MDB, whose advisory board is chaired by Prime Minister Datuk Seri Najib Tun Razak, is being examined by Malaysian authorities investigating accusations of financial mismanagement and graft.

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