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Bank accounts seized here in relation to 1MDB case

CAD, MAS say a probe is on into possible money- laundering, in response to media queries

Published Mon, Feb 1, 2016 · 09:50 PM
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Singapore

A "LARGE number" of bank accounts have been seized by the Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) in connection with investigations into possible money-laundering and other offences carried out here, the two bodies said in a joint statement on Monday evening.

The two-paragraph statement, coming in response to media qu…

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Najib Razak

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