1MDB says has made full payment of Malaysia central bank fine

This file photo taken on September 22, 2015 shows a Malaysian woman walking past a billboard with the 1 Malaysia Development Berhad (1MDB) logo in Kuala Lumpur.
This file photo taken on September 22, 2015 shows a Malaysian woman walking past a billboard with the 1 Malaysia Development Berhad (1MDB) logo in Kuala Lumpur.PHOTO: AFP

KUALA LUMPUR (REUTERS) - Scandal-hit Malaysian government fund 1Malaysia Development Berhad (1MDB) said on Wednesday (May 25) that it has made full payment of a fine imposed on it by the country's central bank.

Bank Negara Malaysia said last month that it had issued a letter of administrative compound to the fund for failing to comply with bank rules.

"1MDB confirms that it has today made payment, in full, of the compound, in compliance with the decision of BNM," the fund said in a statement.