CIMB exec's IMDB remark leads to internal inquiry

Kuala Lumpur

MALAYSIA'S CIMB banking group appeared to have kept a wide berth from the controversy that has engulfed debt-laden 1MDB and Prime Minister Najib Razak, but an imprudent comment on Facebook by a top executive has inadvertently put the bank under the spotlight.

In the wake of increased chatter online, Putrajaya on Thursday also threatened action against those spreading unverified news related to investigations into 1MDB, in a move seen as an attempt at damage control.

However, CIMB Islamic Bank chief executive Badlisyah …