KUALA LUMPUR: Bank Negara Malaysia (BNM) has commenced a formal enquiry on 1Malaysia Development Bhd (1MDB) to examine any contravention of the Central Bank’s rules and legislation.
“This has involved the issuance of a legal directive requiring information from the entity,” BNM said in a statement today.
BNM said it is also taking statements from individuals involved in the governance process and obtaining information from other relevant domestic and foreign parties.
In addition, BNM said it has forwarded information received from foreign authorities to the relevant investigation agencies after obtaining the permission from the foreign authorities.
“The Central Bank wishes to emphasize that further disclosure of details of the investigation may undermine the outcome of the investigation.
“The Central Bank is doing everything within the powers provided under its legislation, including collaborating with other agencies, to contribute towards a swift resolution of the matter,” it said.
-BERNAMA