By JOHN LETZING
Wall Street Journal
Oct. 6, 2016
The Swiss attorney general’s office made an initial request for assistance last January
ZURICH—Swiss authorities said they are trying to advance a probe into the alleged misappropriation of billions of dollars from a Malaysian state investment fund but haven’t yet received anticipated help from Malaysian counterparts.
Switzerland’s Office of the Attorney General said in a statement on Wednesday that its probe, begun in August last year, had uncovered an alleged “Ponzi scheme” at the fund, 1Malaysia Development Bhd., or 1MDB.
Malaysia’s attorney general said Thursday that it had not yet received the additional request for assistance from Switzerland. It didn’t mention an earlier request from January, which Swiss officials say is pending but said it was committed to international cooperation. Continue reading “Swiss Authorities Repeat Call for Malaysia’s Help in 1MDB Probe”