1MDB-related probes ongoing: MAS

1MDB is Malaysia's state investment fund.
1MDB is Malaysia's state investment fund. PHOTO: REUTERS

The Monetary Authority of Singapore (MAS) is continuing to look at individuals in relation to 1MDB-linked offences in Singapore.

1MDB is Malaysia's state investment fund.

In response to questions at a media briefing on MAS' annual report yesterday, MAS managing director Ravi Menon said: "We are still looking at individuals and there are others we are looking forward to interview." He did not give further details.

He added: "We're looking very closely at new information that's emerging from Malaysia and other places to see if any action on our part is warranted. But the investigations into individuals continue."

MAS has taken a range of measures, including criminal charges and convictions, and large financial penalties against financial institutions and individuals who have broken laws within Singapore's jurisdiction with regard to the 1MDB case.

A version of this article appeared in the print edition of The Straits Times on July 05, 2018, with the headline '1MDB-related probes ongoing'. Print Edition | Subscribe