The UK’s Serious Fraud Office, according to media reports, was reportedly probing RBS Coutts in Zurich, owned by the Royal Bank of Scotland (RBS), for being party to the alleged fraudulent transfer of funds from 1Malaysia Development Berhad (1MDB), which is wholly-owned by the Ministry of Finance Malaysia (MoF) and touted as a strategic investment and development arm.
The UK, the reports said, was following up on various allegations uploaded by UK-based The Sarawak Report, a whistleblowing website founded and edited by Sarawak-born Clare Rewcastle-Brown, sister-in-law of former British Prime Minister Gordon Brown.
The Times said that it had sighted documents linking RBS Coutts in Zurich with 1MDB on possible criminal elements, including the transfer of monies out from Malaysia that originated from the company. “The bank faces questions over its compliance checks and the beneficiaries of the money,” the newspaper said.
Both RBS Coutts and the UK Serious Fraud Office declined to comment. RBS cited client confidentiality, said The Times.
Petikan daripada: http://www.freemalaysiatoday.com/category/nation/2016/02/11/uk-probing-royal-bank-of-scotland-on-1mdb/
