Singapore providing assistance to Malaysia in 1MDB probe

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.

"Singapore authorities are in touch with their Malaysian counterparts. We are committed to assist within the full ambit of our laws," …