CIMB exec's IMDB remark leads to internal inquiry
Separately, Putrajaya threatens action against those spreading unverified news related to probes of the state-owned company
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.
TRENDING NOW
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
The Asian playbook for global brands no longer works