Corporate
1MDB unaware of bank account frozen by Swiss authorities
over 2 years ago
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
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
This article is for informational purposes only and should not be taken as legal advice. Every situation is unique and dependent on the facts (ie, the circumstances surrounding your individual case) so we recommend that you consult a lawyer before considering any further action. All articles have been scrutinized by a practicing lawyer to ensure accuracy.
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