KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has clarified that none of the company’s bank accounts have been frozen.
In a late statement issued on Wednesday, 1MDB sought to clarify recent media reports that certain bank accounts were frozen in Switzerland over a probe launched by the Swiss authorities.
Below is the statement:
We refer to recent media reports concerning certain bank accounts being frozen in Switzerland, in relation to a probe being conducted by the Swiss authorities. As far as 1MDB is aware, none of the company's bank accounts have been frozen.
1MDB is in the process of developing a better understanding of the on-going investigations in Switzerland so the company can cooperate to its fullest extent.
-The Star Online