Business

1MDB was fined RM15m, reveals Bank Negara Governor

Published on 17 Aug 2018 6:21:07 PM

Bank Negara Governor Datuk Nor Shamsiah Mohd Yunus revealed that the central bank imposed a RM15 million fine on 1Malaysia Development Berhad (1MDB) at the “time that the central bank was allowed to do so.”

Nor Shamsiah said that was responding to a question on the amount of fine imposed thus far on 1MDB during a press conference on Friday on Malaysia’s gross domestic growth for the second quarter of 2018.