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22 Jul, 2015

Singapore police freeze bank accounts

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Singapore police freeze two bank accounts as part of an investigation linked to Malaysian sovereign fund 1MDB, which is being probed by authorities in Malaysia for financial mismanagement and graft. Singapore Police Force:

We understand that the Malaysian authorities have launched investigations into certain matters related to 1MDB. Singapore will continue to provide our full assistance and share information with the relevant authorities in Malaysia, within the ambit of our laws and international obligations.

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