None of 1Malaysia Development Bhd (1MDB)'s staff are employed by the Ministry of Finance, says Deputy Finance Minister Datuk Johari Abdul Ghani.

"That one (1MDB) is a company and we are a government body. There is a differentiation between the two.

"Our relationship with 1MDB is as far as some of the bonds guaranteed by the government," he said to a question on whether 1MDB staff were relocated to MOF.

Yesterday, Johari was reported as saying that the state-owned firm's assets would be transferred to the Ministry of Finance Incorporated (MoF Inc) by mid-June.

The company, he said would then become a shell company to manage liabilities and bonds it has issued.

"It does not mean that the government must take (employ) their staff. We don't work that way," he added.