<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 17): Bank Negara Malaysia (BNM) has exhausted its investigations into 1Malaysia Development Bhd (1MDB) and will not be reopening the case, unless new evidence arises.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“We have taken all the action that we can in relation to this particular entity. We don’t have the jurisdiction to take anymore action,” Tan Sri Muhammad Ibrahim told reporters at a media briefing today.</p></div>

<div class=newsTextDataWrapInner><p>However, BNM is waiting for more transparent data to be released by the Ministry of Finance, he said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>This information will be used in the case of repatriation of funds from overseas, which Prime Minister Tun Dr Mahathir Mohamad has declared as an effort that will be undertaken by his administration.</p></div>

<div class=newsTextDataWrapInner><p>It is not the central bank but the Attorney General’s Chambers that is responsible for getting in touch with foreign authorities over criminal investigations, Muhammad Ibrahim clarified.</p></div>

<div class=newsTextDataWrapInner><p>The Prime Minister said six days ago that he would appoint a finance ministry advisor to oversee efforts to recover the money allegedly stolen via 1MDB and transferred into foreign accounts.<br />
&nbsp;</p></div>


KUALA LUMPUR (May 17): Bank Negara Malaysia (BNM) has exhausted its investigations into 1Malaysia Development Bhd (1MDB) and will not be reopening the case, unless new evidence arises. 

“We have taken all the action that we can in relation to this particular entity. We don’t have t...

'We have exhausted all investigations into 1MDB' — Bank Negara

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<p>Bank Negara Malaysia (BNM) announced on Friday evening several temporary measures to address the uproar over the sizeable medical insurance premium hikes that insurance and takaful operators deem necessary to cover the higher costs of medical services.</p>


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<p>In a<em>&nbsp;Vanity Fair&nbsp;</em>video&nbsp;last month, Lisa, a member of mega&nbsp;K-pop&nbsp;band Blackpink, shared her obsession with toys from Chinese company Pop Mart International Group Ltd.&nbsp;</p>


<p>Singapore’s main stock index is on track to have its best annual performance since 2017, but any celebrations over the Straits Times Index’s 15% gain so far this year are likely to be overshadowed by doubts about what lies ahead.&nbsp;</p>


<p>The election of Donald Trump will usher in a wave of private-company purchases that had previously been slowed by red tape, investor Cathie Wood said in an interview, in which she also reiterated her ultra-bullish view on bitcoin.</p>


<p>Express bus companies must ensure a second driver is on board for long-distance trips, especially during the festive season, said Deputy Transport Minister Datuk Hasbi Habibollah.</p>


<p>Qualcomm Inc prevailed at trial against Arm Holdings plc’s claim that it breached a licence for chip technology that the world’s largest maker of mobile-phone processors acquired when it bought a startup in 2021.&nbsp;</p>


<p>Volkswagen AG (VW) reached an agreement with labour leaders to cut capacity at its namesake brand while avoiding factory closures, capping three months of tense negotiations and preventing further union walkouts.</p>


<p>The House passed funding to keep the US government operating until mid-March just hours before a midnight shutdown deadline, capping off a tumultuous two days in which two earlier plans pursued by Speaker Mike Johnson collapsed.</p>
