Bank Negara pursuing action against 1MDB

1MDB had ignored the instruction of Bank Negara to submit its evidence that the state fund was unable to repatriate US$1.83 billion in funds parked overseas.

Bank Negara governor Zeti Akhtar Aziz said 1MDB did not give any reason.

As a result, Bank Negara is pursuing an "appropriate administrative enforcement action” against 1MDB for its failure to submit the evidence.