BNM may reopen probe into alleged massive fraud at 1MDB


Malaysia’s central bank governor says the institution will reopen its investigation into the Malaysian government-owned investment fund 1MDB if it receives “new information”.

Public anger over accusations that former prime minister Najib Razak was involved in massive fraud at 1MDB was the main factor in his shock election defeat last week, local observers say. The newly elected prime minster Mahathir Mohamad told reporters that he expects Razak to face prosecution soon over the affair.


To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: