Fri, 26 Apr 2024
Login

HEADLINES :


Home / National News

Probe into ex-1MDB duo completed
Published on: Thursday, March 09, 2017
Text Size:

Kuala Lumpur: The investigations involving two former 1Malaysia Development Corp Bhd (1MDB) executive directors, Casey Tang Keng Chee and Jasmine Loo Ai Swan, have been concluded and action have been taken against the strategic investment company.The Finance Ministry, in a written reply to Wong Chen (PKR-Kelana Jaya) at the Dewan Rakyat Wednesday, said Bank Negara Malaysia (BNM) has issued a letter of administrative compound to 1MDB for its failure to comply with the directions issued under the Financial Services Act 2013.

"1MDB has paid the compound," it said.

Wong wanted the ministry to clarify whether it had been cooperating with the Immigration Department to get in touch with the individuals and whether they were still listed in BNM's watchlist.

The ministry said that with the conclusion of the investigations and barring any new information with regards to any failure to comply with BNM's legal provisions, both individuals were no longer in the BNM's watchlist. – Bernama




Related News
16 Apr 2024
Court sets Aug 20 to hear Najib’s appeal to recuse judge in 1MDB trial

15 Apr 2024
Woman brings pet dog into shop, argues with staff

13 Apr 2024
Fahmi denies billions in royalties deposited into PKR's account

12 Apr 2024
Business leader moots turning Labuan into special economic zone

12 Apr 2024
Cop detained in probe of crash involving teen motorcyclist

11 Apr 2024
Student dies after crashing motorcycle into parked trailer

7 Apr 2024
Three including mother-son duo charged with trafficking women for sexual exploitation

4 Apr 2024
Saifuddin defends ‘no report, no probe’ over Akmal’s sword photo


ADVERTISEMENT




Branded Articles
Three Sabah start-ups get honours
The All New Touareg R-Line
30% Units Sold During Launch of Kayana Heights by KTI Landmark Berhad
Legoland School Challenge: RM10,000 up for grabs
Taylor’s University Leads Future-ready Workforce with Industry-Focused Pharmaceutical Science Programme

Top Stories Today
Customs foils RM1.9bil beer smuggling attempt at Sepanggar Port
Quarantine agency says parasitic worms detected in canned sardines imported from China
Kibing – China’s top investment in Sabah
Papar motorcyclist takes roadside break during rain. SUV then rams and kills him.
UM shouldn't be space for Zionist propaganda, students say after pro-Israel academic's invite
National Top Stories
10 dead in Navy helicopter collision in Lumut
MAHB’s sacking of Sabah staff with ‘high’ medical bill unlawful
Quarantine agency says parasitic worms detected in canned sardines imported from China
Nurse attacked, left unconscious by roadside near Kuala Pilah
Woman detained for splashing hot water on man with Down Syndrome inside lift

Follow Us  

Daily Express Online


Follow us on             

Daily Express TV  
close
Try 1 month for RM 18.00
Already a subscriber? Login here
open

Try 1 month for RM 18.00

Already a subscriber? Login here