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Malaysian attorney general says no offense committed by 1MDB in central bank probe

Xinhua, October 8, 2015 Adjust font size:

Malaysian Attorney General's Chambers (AGC) said Thursday that it has decided no offense was committed by the debt-laden state fund 1MDB based on an investigation paper by Bank Negara, the country's central bank.

The AGC said that the investigation was submitted by the central bank on Aug. 21, and Deputy Solicitor General 1 Abd Majid bin Tun Hamzah, and it decided that there was no offense committed by the 1MDB officials and directed that no further action should be taken.

It said that after the investigation paper was returned to Bank Negara on Sept. 11, the central bank sent a letter of request to the AGC to have the decision reviewed on Oct. 1.

"Having considered the request and the fact that there was no new evidence made available, the Attorney General decided to maintain the decision made earlier," it added.

The AGC's statement was issued in response to a statement by the Keeper of the Rulers' Seal on Tuesday, in which the Malay rulers said government should complete the investigation into the 1MDB as soon as possible and take "the appropriate stern action" against those implicated. Endi