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 the 1Malaysia 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 with three others who are wanted for investigations in connection with the financial irregularities at strategic investment fund 1MDB.
The other three include Tang Keng Chee (or Casey Tang), 53; Geh Choh Heng, 47 and Loo Ai Swan (or Jasmine Loo), 45.
Tan was identified as a signatory for numerous bank accounts in Singapore from which money from 1MDB accounts were laundered. The accounts were RBS Coutts Bank and Falcon Bank.
Tan has been a wanted man, together with financier Low Taek Jho, also known as Jho Low, since October 2016.
The MACC on June 7 issued an arrest warrant 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 Najib Razak 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 transactions with other countries through the 1MDB. However, the fund representative and Najib repeatedly rejected the accusation.
Incumbent PM Mahathir Mohamad said that he will re-investigate the case and is determined to reclaim the loss.-VNA
VNA
