Singapore, Malaysia officials meet over 1MDB

The United States Department of Justice has alleged that US$4.5 billion (S$6 billion) was siphoned off from 1MDB.
The United States Department of Justice has alleged that US$4.5 billion (S$6 billion) was siphoned off from 1MDB. PHOTO: REUTERS

Singapore officials were in Putrajaya yesterday morning following a request from Malaysia to assist the country's probe into alleged misappropriation in the 1Malaysia Development Berhad (1MDB) case.

Malaysia's 1MDB special task force said nine senior officers from Singapore's Attorney-General's Office, Commercial Affairs Department and Monetary Authority of Singapore attended the meeting at the headquarters of the Malaysian Anti-Corruption Commission.

The United States Department of Justice has alleged that US$4.5 billion (S$6 billion) was siphoned off from the Malaysian state development fund.

Malaysia's new Pakatan Harapan government led by Prime Minister Mahathir Mohamad has intensified investigations into the state fund and is seeking help from other countries to pin down the money trail.

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A version of this article appeared in the print edition of The Straits Times on June 01, 2018, with the headline 'Singapore, Malaysia officials meet over 1MDB'. Print Edition | Subscribe