| Singapore police have frozen two bank accounts as part of an investigation linked to Malaysian sovereign wealth fund 1MDB, Reuters reported Wednesday. The fund is being probed by authorities in Malaysia for financial mismanagement and graft.
“On 15 July 2015, we issued orders under the Criminal Procedure Code to prohibit any dealings in respect of money in two bank accounts that are relevant to the investigation,” Singapore police said in a statement Wednesday. It did not identify the bank or the accounts in question, because the investigation is continuing...............................................Full Article: Source
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