Bank Ne­gara has been ob­jec­tive in 1MDB probe – Gov­er­nor

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KUALA LUMPUR: Bank Ne­gara Malaysia ( BNM) has been ob­jec­tive and fol­lowed the law un­der its purview when it comes to the 1Malaysia De­vel­op­ment Bhd (1MDB)-re­lated in­ves­ti­ga­tion, but will re­open the case if new data emerges, Gov­er­nor Tan Sri Muham­mad Ibrahim said yes­ter­day.

“Whether we will re­open the case and look at a dif­fer­ent an­gle, ( I be­lieve) we have ex­hausted all in­ves­ti­ga­tions.

“We have given all the in­for­ma­tion to the At­tor­neyGen­eral’s Cham­bers,” he said.

Asked how much of the al­legedly laun­dered 1MDB money BNM in­tended to re­turn back to the coun­try, Muham­mad said he could not com­ment as it had yet to re­ceive any new data on the in­ves­ti­ga­tion.

The cen­tral bank would be able to make an as­sess­ment when it re­ceived new and more com­pre­hen­sive in­for­ma­tion, he said dur­ing a ques­tion-and-an­swer ses­sion in con­junc­tion with the an­nounce­ment of Malaysia’s firstquar­ter eco­nomic per­for­mance here yes­ter­day.

As for pos­si­ble ac­tions against AmBank Group, Muham­mad re­it­er­ated that ac­tion would only be taken if there was new in­for­ma­tion re­trieved by the cen­tral bank.

“So far, we have taken (all) the nec­es­sary ac­tions based on the in­for­ma­tion (re­ceived), but if there is (new) data that we didn’t have be­fore, we will cer­tainly look at it (the case) again,” he added.

Yes­ter­day, Prime Min­is­ter Tun Dr Ma­hathir Mo­hamad an­nounced that the govern­ment was ex­pected to con­tact sev­eral coun­tries, in­clud­ing Switzer­land, Singapore, the United States ( US), as well as Lux­em­bourg to re­cover the al­leged funds.

Of the amount to be re­cov­ered, Malaysia is ex­pected to re­trieve US$ 4.5 bil­lion from the US, which is suf­fi­cient to set­tle some debts. — Ber­nama

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