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

Malaysia again knocks back Swiss request for help in 1MDB graft investigation

Posted on 14 November 2016

Malaysia has again rebuffed Switzerland’s request for legal assistance in probing suspected corruption linked to scandal-hit state fund 1MDB, the Swiss attorney general’s office said on Friday.
But it said Kuala Lumpur’s decision would not hinder the Swiss probe as it works with other countries on the case. “We respect Malaysia’s independent decision on this matter. However, the Malaysian authorities remain free to use the information provided in Switzerland’s requests for assistance in their own investigations,” Attorney General Michael Lauber said, confirming a report by the Financial Times…………………………………….Full Article: Source


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