KUALA LUMPUR (March 3): Bukit Aman said today that it has begun investigations into Datuk Dr Tawfiq Ayman for allegedly receiving funds linked to 1Malaysia Development Berhad (1MDB) in a Singapore bank account under his name.
Bukit Aman Commercial Criminal Investigation Department director Datuk Zainuddin Yaacob said in a press release that they are investigating Tawfiq under Section 4(1)(a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.
He also said that the police will be investigating the matter under the Mutual Assistance in Criminal Matters Act 2002 in relation to the funds which are allegedly in Singapore, adding that this Act will enable them to interview witnesses abroad.
LAST Friday, the Ministry of Finance (MoF) announced that AMMB Holdings Bhd has agreed to pay RM2.83 billion to the Malaysian government as a global settlement on all outstanding claims and actions in relation to the AmBank Group’s involvement in the 1Malaysia Development Bhd (1MDB) scandal.
According to sources, the settlement is related to the banking group’s handling of the RM5.0 billion bond issue by 1MDB in May 2009.
The 30-year government-guaranteed bonds, which pay an interest rate of 5.75%, were 1MDB’s first debt and almost all were stolen by Low Taek Jho (better known as Jho Low) and collaborators, including via a purported joint venture with PetroSaudi International Ltd and a quick flip of the bonds. (See The Edge Malaysia, Issue 1271, June 17 to 23, 2019: “Two Malaysians, besides Jho Low, benefited from 1MDB bond flip”.)
Saturday, 27 Feb 2021 08:11 PM MYT
BY ASHMAN ADAM
Former governor of Bank Negara Malaysia Tan Sri Zeti Akhtar Aziz (left) has not responded to allegations concerning a company owned by her husband and son. Picture by Miera Zulyana
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KUALA LUMPUR, Feb 27 Singaporean police had tipped off Malaysia’s central bank of suspicious transactions involving a company owned by the husband and son of former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz, business paper
The Edge reported today.
According to the report, the republic’s Commercial Affairs Department (CAD) had shared this information with BNM in 2015 and 2016, when Zeti was still its governor.
Thursday, 31 Dec 2020 11:05 PM MYT
BY RADZI RAZAK
PNB chairman Tan Sri Dr Zeti Akhtar Aziz (right) is pictured with PM Tan Sri Muhyiddin Yassin (centre) during the presentation of Ekuinas profit distribution at Menara PNB, September 3, 2020. Bernama file pic
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KUALA LUMPUR, Dec 31 Former Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz has denied today that she or her family received money from the 1Malaysia Development Bhd (1MDB), saying such allegations false and malicious.
Zeti said she has given all the cooperation in the issues relating to 1MDB criminal case, which she said have been fully and thoroughly investigated by the relevant authorities, namely BNM, the police and Malaysia Anti Corruption Commission (MACC).
Umno Youth lodges report against Zeti Aziz, family over 1MDB scandal freemalaysiatoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freemalaysiatoday.com Daily Mail and Mail on Sunday newspapers.