(May 31): Malaysian officials probing state investment company 1MDB are meeting with investigators from Singapore, people familiar with the matter said, signalling that Prime Minister Mahathir Mohamad’s administration will cooperate with probes underway around the globe.

The two sides were gathering around Kuala Lumpur on Thursday, according to the people, who asked not to be identified because the meetings were private. Singapore has seized hundreds of millions of dollars in assets and jailed bankers over transactions linked to the scandal-plagued fund.

A member of Malaysia’s 1MDB task force formed to coordinate the probe couldn’t immediately comment when reached by phone. A spokesman for Malaysia’s anti-graft commission declined to comment when asked to confirm the meeting. The Singapore police couldn’t immediately confirm the meeting.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook