| Swiss authorities have opened a criminal probe into the relationship between “suspicious transactions” in the country’s banking sector and a troubled state investment fund tied to Malaysian Prime Minister Najib Razak.
A spokesman for Switzerland’s Office of the Attorney General said a pair of transactions reported to the Swiss Money Laundering Reporting Office, or MROS, triggered the investigation, which is focused on the 1Malaysia Development Bhd. fund, or 1MDB. The 1MDB advisory board is headed by Mr. Najib...............................................Full Article: Source
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