KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) today announced that it has made full payment of a fine imposed on it by the central bank.
Bank Negara Malaysia (BNM) said last month that it had issued a letter of administrative compound to the fund for non-compliance with certain directions of BNM and the closure of investigations on 1MDB.
"1MDB confirms that it has today made payment, in full, of the compound, in compliance with the decision of BNM," the fund said in a statement.