Malaysia's Attorney-General says no evidence of fraud at 1MDB

No criminal charges have been made against any individuals for misappropriation from 1MDB, Malaysia's Attorney-General Mohamed Apandi said in a statement.
No criminal charges have been made against any individuals for misappropriation from 1MDB, Malaysia's Attorney-General Mohamed Apandi said in a statement.PHOTO: REUTERS

KUALA LUMPUR (REUTERS) - Malaysia's Attorney-General said on Thursday (July 21) there has been no evidence from any probe conducted by law enforcement agencies across the globe that show funds were misappropriated from state-fund 1MDB.

No criminal charges have been made against any individuals for misappropriation from 1MDB, Malaysia's Attorney-General Mohamed Apandi said in a statement.

US prosecutors said on Wednesday over US$3.5 billion (S$4.7 billion) was diverted from 1Malaysia Development Berhad. The US civil lawsuits are seeking to seize US$1 billion in assets they said were tied to money stolen from the fund.

 

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Mr Apandi also expressed "strong concerns at the insinuations and allegations" of wrongdoing made against Prime Minister Najib Razak in relation to the lawsuits.