Malaysia Fund Spat With Central Bank Flares Over Zeti Comments
- Bank Negara last year ordered 1MDB to repatriate $1.8 billon
- Switzerland, Singapore are among countries probing 1MDB
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1Malaysia Development Bhd., the state-owned fund linked to multiple probes, disputed comments by the central bank that it hadn’t properly explained its failure to repatriate $1.8 billion.
1MDB hasn’t received any official correspondence or confirmation from the central bank on the "specific matters" mentioned by Bank Negara Malaysia Governor Zeti Akhtar Aziz and can’t comment further, it said in a statement late Wednesday.