1MDB ordered to bring back US$1.8bil


PETALING JAYA: A day after the Attorney-General’s Chambers (AGC) cleared 1Malay­sia Development Bhd (1MDB) of any wrong­doing with regards to its investments overseas, Bank Negara Malaysia ordered the fund to bring back US$1.83bil invested abroad.

The central bank in a statement yesterday stated that it had revoked three permissions granted to 1MDB under the Exchange Control Act (ECA) for investments abroad worth US$1.83bil.

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