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PETALING JAYA: The Monetary Authority of Singapore (MAS) will continue to work closely with its Malaysian counterpart in its ongoing investigations into 1Malaysia Development Berhad (1MDB).
MAS Managing Director, Ravi Menon, said he would interview "We are looking very closely at the new information emerging from Malaysia and other places to see if any action on our part is warranted As stated Channel NewsAsia the Singapore central bank has taken several measures, including measures against financial institutions and individuals who have broken laws under the jurisdiction of the country with fund flows related to 1MDB
Singapore has also jailed and banned a number of bankers for several convictions related to 1MDB.
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