Bank accounts of 408 parties, NGOs frozen

PETALING JAYA: The task force probing the 1Malaysia Development Bhd scandal reveals that 408 bank accounts of political parties and NGOs, with over RM1.1bil in them, have been frozen.

There is suspicion that 81 individuals and 55 companies linked to the frozen accounts received embezzled and misappropriated funds from the troubled state investment arm.