KUALA LUMPUR – 1Malaysia Development Bhd (1MDB) says none of the company’s bank accounts have been frozen.
“As far as 1MDB is aware, none of the company’s bank accounts have been frozen,” it said in a statement today.
It was referring to recent media reports concerning certain bank accounts being frozen in Switzerland in relation to a probe being conducted by the Swiss authorities.
1MDB said it was in the process of developing a better understanding of the on-going investigations in Switzerland so the company can cooperate to the fullest extent. – BERNAMA