Tuesday 12 June 2018

UPDATE 1-Malaysia's top prosecutor studying possible criminal and civil action related to 1MDB probe | Reuters

UPDATE 1-Malaysia's top prosecutor studying possible criminal and civil action related to 1MDB probe | Reuters:

"Malaysia’s attorney general on Tuesday said his office was studying possible criminal and civil action in the 1Malaysia Development Berhad (1MDB) case, after receiving investigation papers on the state fund from the anti-graft agency. Malaysia reopened a probe into 1MDB following a stunning election victory last month by 92-year-old Mahathir Mohamad, who has vowed to bring back funds allegedly siphoned from 1MDB and punish those responsible. Former prime minister Najib Razak, who founded 1MDB, is the subject of a money laundering probe. Najib has consistently denied wrongdoing. On Monday he said he did not benefit or steal money from 1MDB."



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