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Swiss attorney general upbeat on prospects for 1MDB probe

1MDB CSR

Syndicated News
Written by Syndicated News

BERN — April 5, 2017: Swiss Attorney-General Michael Lauber expressed confidence today that his money
laundering probe into scandal-hit Malaysian fund 1MDB would bear fruit despite Malaysian authorities’ refusal to cooperate.

“It’s not hopeless, in fact it’s the opposite,” Lauber told a news conference, saying the probe was making progress
based on money-laundering reports, bank documents and work with Singapore and other countries.

“It would have been very desirable from our perspective if Malaysia had cooperated,” he said. But “we’re still confident we can successfully conclude the process in this area, in particular in the open cases against the two banks,” he said, referring to Swiss private banks BSI and Falcon.

Malaysia again rebuffed Switzerland’s request for legal assistance in probing 1MDB, Lauber’s office had said in
November.

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