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FBI probes allegations of money laundering at 1MDB

Published Sun, Sep 20, 2015 · 09:50 PM
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Kuala Lumpur

The US Federal Bureau of Investigation (FBI) has launched an investigation into allegations of money laundering at troubled Malaysian state fund 1Malaysia Development Berhad (1MDB), The Wall Street Journal reported on Sunday, citing an unidentified source.

The scope of the investigation into the debt-laden 1MDB was not clear, said the newspaper, which cited "a person familiar with the matter".

Neither the FBI nor 1MDB responded to a request for comment.

The reported FBI investigation comes shortly after a former member of Malaysia's ruling party was arrested just before travelling to the US where he planned to make a police complaint and urge US authorities to look into the allegat…

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