1MDB says not contacted by foreign authorities on probe

PETALING JAYA: 1Malaysia Development Bhd (1MDB) says it is committed to cooperating with local and foreign authorities in investigations into the company.

It said such cooperation was subjected to advice from local authorities in accordance with international protocols governing such matters.

On the statement issued by the Office of the Attorney-General in Switzerland on Friday relating to the on-going investigation into the matter, 1MDB said it has not been contacted by any foreign legal authorities relating to the company.

Switzerland's chief prosecutor Attorney General Michael Lauber  said on Friday he has formally asked Malaysia for help with his probe into possible violations of Swiss law by 1MDB, saying suspected misappropriations amounted to about US$4bil.

Lauber said the request pertained to possible violations of Swiss laws related to bribery of foreign officials, misconduct in public office, money laundering and criminal mismanagement at 1MDB.