This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Missing $800 million in SRC, 1MDB scandal likely came from state pension fund loan

By Toh Han Shih ( October 6, 2016, 10:11 GMT | Insight) -- The $800 million in funds that the Swiss Attorney General’s office says were stolen from SRC International — a company now owned by the Malaysian Ministry of Finance but that was previously owned by scandal-plagued 1Malaysia Development Berhad, or 1MDB — likely came from a 4-billion ringgit ($945 million) loan SRC took out from a Malaysian state pension fund in 2011, MLex has learned....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections