, Singapore

MAS steps into 1MDB probe in Malaysia

The money is said to be lodged in Singapore.

Singapore's central bank said on Tuesday it was in touch with Malaysia's regulators over that country's investigation into state fund 1MDB, a report by Reuters says.

"We are committed to assist within the full ambit of our laws," said the Monetary Authority of Singapore (MAS) in a statement to Reuters, adding it could not provide more details as investigations in Malaysia were ongoing.

View the full report here: https://www.reuters.com/article/2015/03/24/malaysia-1mdb-idUSL3N0WQ3UX20150324

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