This Article is From Oct 08, 2015

Malaysia Prosecutor Gives Clean Chit to 1MDB Officials on Bank Report

Malaysia Prosecutor Gives Clean Chit to 1MDB Officials on Bank Report

File Photo: Traffic passes a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, on July 6, 2015.(Reuters)

Kuala Lumpur: Malaysia's attorney general said today it had reviewed the report of a central bank investigation of troubled state fund 1MDB and decided that fund officials had not committed any offence.

"No further action would be taken in the matter," the Attorney General's Chambers said in a statement. The decision had been communicated to the central bank in September, it added.

The state prosecutor said a request for a further review of the decision by the central bank had also been rejected as no new evidence was made available.

 
© Thomson Reuters 2015
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