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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal

MACC not probing 1MDB, minister says

Posted on 21 October 2016

The Malaysian Anti Corruption Commission (MACC) is not investigating 1Malaysia Development Berhad (1MDB), Minister in the Prime Minister’s Department Datuk Paul Low said.
In a parliamentary written answer to Sim Tze Tzin (PKR-Bayan Baru), Low said that it is the police that are investigating 1MDB. Sim had earlier asked if MACC had called up Low Taek Jho and Riza Aziz in their 1MDB probe. “MACC is not investigating 1MDB but the investigation is carried by the police,” Low said…………………………………….Full Article: Source


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