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1MDB unaware of bank account frozen by Swiss authorities

about 3 years ago DenningMR



This article is for general informational purposes only and is not meant to be used or construed as legal advice in any manner whatsoever. All articles have been scrutinized by a practicing lawyer to ensure accuracy.

Media statement 

1MDB not aware of accounts being frozen 

2 September 2015 

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 cancooperate to its fullest extent.

Released by 1Malaysia Development Berhad