Friday 26 Apr 2024
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KUALA LUMPUR (May 25): 1Malaysia Development Bhd (1MDB) said it had fully paid the fine imposed by Bank Negara Malaysia for non-compliance with certain directions of the central bank.

In a statement today, 1MDB said it paid the fine today.

"1MDB refers to its statement dated 28 April 2016, whereby it acknowledged the authority and respected the decision of Bank Negara Malaysia (BNM), in the imposition of an administrative compound for non-compliance with certain directions of BNM and the closure of investigations on 1MDB.
 
"1MDB confirms that it has today made payment, in full, of the compound, in compliance with the decision of BNM," 1MDB said.

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