Malaysia Pledges to Cooperate as U.S. Seeks to Seize Assets
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Domestic probes have found no wrongdoing, government says
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1MDB remains subject of police investigation in Malaysia
Malaysia’s government said it will cooperate with lawful investigations of local companies or its citizens, as U.S. prosecutors seek to seize $1 billion in assets they say are linked to a fraud trail leading from a Malaysia state fund.
“As the prime minister has always maintained, if any wrongdoing is proven, the law will be enforced without exception,” Tengku Sariffuddin, press secretary to premier Najib Razak, said in an e-mailed statement on Thursday.
1Malaysia Development Bhd., or 1MDB, has been the focus of multiple probes in Malaysia and a comprehensive review by the country’s attorney general found no crime was committed, Najib’s office said in the statement. 1MDB remains the subject of an investigation by Malaysian police, it said…
Malaysia Pledges to Cooperate as U.S. Seeks to Seize Assets
