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Last Updated : 2024-04-24 00:50:00
In its statement, the Central Bank also said 1MDB had secured permits for investment abroad based on inaccurate or incomplete disclosure of information, thus breaching domestic regulations.
The Central Bank added it revoked three permits granted to 1MDB for investments abroad totalling $1.83 billion and ordered the state fund to repatriate the funds to Malaysia.
1MDB did not immediately respond to a request for comment. The attorney general’s office declined to comment.
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