SOLYMONE BLOG

SWISS FREEZE MILLIONS IN BANK ACCOUNTS LINKED TO 1MDB

Labels: ,

Swiss authorities said today they had frozen funds in Swiss banks amid a probe into people linked to Malaysia's troubled state investment fund, 1Malaysia Development Berhad (1MDB), on suspicion of corruption and money laundering.
"The Office of the Attorney-General of Switzerland (OAG) has frozen assets amounting to several tens of millions of US dollars on Swiss bank accounts," an OAG spokesman said by email in response to an enquiry.
"At this early stage of the procedure, the OAG is analysing and consolidating evidence. The OAG is already in contact with the Malaysian authorities. 
International cooperation with foreign countries, in particular with Malaysia, will probably be necessary to establish the facts," she said.
1MDB later released a satement saying "as far as 1MDB is aware, none of the company's bank accounts has been frozen".
  • It added that 1MDB was in the process of developing a better understanding of the ongoing investigations in Switzerland so the company could cooperate to its fullest extent.

Source:– Reuters
0 comments:

VISITORS DETAIL LOCATION

VISITORS GEOFLAGS SINCE AUGUST 26, 2009

SABAH, MALAYSIAN BORNEO - THE LAND BELOW THE WIND

CITY OF KOTA KINABALU, SABAH-MALAYSIAN BORNEO

Translate

DREAM ON

TIME IN MALAYSIA

TOTAL PAGES VIEW SINCE 30 DAYS AGO

TRANSLATE TO YOUR LANGUAGE

Solymone

My photo
Tenghilan, TUARAN, Sabah, Malaysia

MY FACEBOOK

VISITORS LOCATION GLOBE

VISITORS NATIONAL FLAG

VISITORS GEOFLAGS BY CITY

WHY I KEEP RE-VISITING SABAH

WHY I KEEP RE-VISITING SABAH
Clicks To Read

IINTERNATIONAL BLOGSPOT

BLOG ARCHIVE

MALAYSIAN BORNEO BLOGGERS

MALAYSIAN BORNEO BLOGGERS

...................................................................

...................................................................
MALAYSIAN
Blog Widget by LinkWithin