Swiss authorities seek Malaysia's help in probing $4b financial scam involving state fund 1MDB

Swiss authorities seek Malaysia's help in probing $4b financial scam involving state fund 1MDB

A man walks past a 1 Malaysia Development Berhad (1MDB) billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, REUTERS/Olivia Harris

Switzerland’s chief prosecutor said on Friday he has formally asked Malaysia for help with his probe into possible violations of Swiss law by the state-owned fund 1Malaysia Development Berhad (1MDB), saying suspected misappropriations amounted to about $4 billion.

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