Kuala Lumpur: Zeti Akhtar Aziz told Najib Razak’s 1MDB trial that the state-owned company was fined RM15 million for failing to comply with orders to repatriate its funds from overseas.
The former Bank Negara Malaysia governor said that the compound was imposed on 1MDB with the agreement of the Attorney-General’s Chambers, and was paid in full by the state-owned company on May 25, 2016.“They informed us that they had placed the money overseas in order to pay for their debts. “We said we will accept it , if they can provide documentation on the status. But they were not able to provide where the money was kept what form in took,” Zeti added.
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