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Police raid 1MDB HQ in Jalan Sultan Ismail

Police raid 1MDB HQ in Jalan Sultan Ismail
Police raids 1MDB office located at Jalan Sultan Ismail. - File Photo
KUALA LUMPUR: Police have started raiding the headquarters of 1Malaysia Development Berhad (1MDB) at Jalan Sultan Ismail, here today.

The raid which started at 11.30am is still ongoing as reported by the Star Online.

Three police patrol cars and a van were spotted at the location.

It was reported that no one was allowed to enter the 1MDB premises located on Level 8 of the Menara 1MC.
On Tuesday, a local multi-agency task force probing the alleged misappropriation of funds from 1Malaysia Development Berhad (1MDB) said six bank accounts related to the investigation have been frozen.

The joint statement signed by Attorney-General Tan Sri Abdul Gani Patail, Bank Negara Governor Tan Sri Zeti Akhtar Aziz, Inspector-General of Police Tan Sri Khalid Abu Bakar and Malaysian Anti-Corruption Commission Chief, Tan Sri Abu Kassim Mohamed, said the order to freeze the six accounts was issued on July 6.
About US$700 million (RM2.6 billion) is alleged to have been moved through government agencies and companies linked to 1Malaysia Development Berhad before supposedly appearing in Najib’s personal accounts, the Wall Street Journal reported on July 3, citing documents from a government probe.

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