Singapore providing assistance to Malaysia in 1MDB probe
Authorities here are in touch with their Malaysian counterparts on the matter
Singapore
SINGAPORE authorities will back Malaysia's high-profile probe into state-backed 1Malaysia Development Berhad by providing assistance "within the full ambit" of its laws, said the country's financial regulator.
Such a cooperation may have already begun as the Monetary Authority of Singapore told The Business Times that the authorities here are in touch with their Malaysian counterparts on the matter.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Foxconn’s musical chairs sound like punk rock
AI fuels cloud computing boom for tech giants
AMD slides after AI chip forecast misses lofty estimates
IBM wins reversal of US$1.6 billion poaching award to BMC
Binance founder Zhao Changpeng gets 4 months in prison
Singapore Airlines could post highest-ever earnings of about S$2.7 billion for FY2024, says analyst