BNM revokes permission, wants 1MDB to repatriate US$1.83b back to Malaysia

KUALA LUMPUR: Bank Negara Malaysia has revoked three permissions granted to 1Malaysia Development Bhd (1MDB) under the Exchange Control Act 1953 (ECA) for its US$1.83 billion investments abroad and wanted it to repatriate the amount back to Malaysia and submit a plan to the Bank for this purpose. “ BERNAMA

To continue reading the rest of the article, click here

Leave a Reply