Identities of four men connected to the 1Malaysia Development Berhad (1MDB), for the first time, are revealed. (Photo: MACC)Kuala Lumpur (VNA) – Identities of four men connected to the1Malaysia Development Berhad (1MDB), for the first time, have been revealed,reported the Malaysia-based New Straits Times.
In a statement released on June 11,the Malaysian Anti-Corruption Commission (MACC)released a photofit of Tan Kim Loong, also known as Eric Tan, 40, together withthree others who are wanted for investigations in connection with the financialirregularities at strategic investment fund 1MDB.
The other three includeTang Keng Chee (or Casey Tang), 53; Geh Choh Heng, 47 and Loo Ai Swan (orJasmine Loo), 45.
Tan was identified as a signatory for numerous bank accountsin Singapore from which money from 1MDB accounts were laundered. Theaccounts were RBS Coutts Bank and Falcon Bank.
Tan has been a wanted man, together with financier Low Taek Jho, alsoknown as Jho Low, since October 2016.
The MACC on June 7 issued an arrestwarrant against Low Taek Jho. Low did not hold any official role in the fund,and only worked as an advisor on investments and negotiations deals for 1MDB.
1MDB is an investment fund formed by former Malaysian Prime Minister NajibRazak in 2009 with an aim to serve the country’s socio-economic development.
Former PM Najib was accused for the loss of 3.7 billions USD in transactionswith other countries through the 1MDB. However, the fund representative andNajib repeatedly rejected the accusation.
Incumbent PM Mahathir Mohamad said that he will re-investigate the case and isdetermined to reclaim the loss.-VNA
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