KUALA LUMPUR, Dec 1 ― Tan Sri Dr Zeti Akhtar Aziz said today that there has been “some progress” in the requests made to 1Malaysia Development Berhad (1MDB) following Bank Negara Malaysia’s (BNM) investigation on the state-owned firm.

The BNM governor, who was speaking at a press conference after the Leadership Energy Summit Asia 2015 here, declined to offer further details, however.

“We have already, as I had mentioned, completed our investigation and now there is some progress in the actions that are being taken relating to some of the approvals we have given them.

“And that is in progress, so I am not at liberty to discuss the status of it until that is concluded,” Zeti told reporters.

Last month, 1MDB was ordered by BNM to repatriate funds amounting to US$1.83 billion (RM7.76 billion) after the central bank had revoked three permissions to the state fund under the Exchange Control Act 1953 (ECA) for investments abroad.

The repatriation was issued under the Financial Services Act 2013.

1MDB had in return indicated that it was unable to repatriate the money as demanded as the funds had either been spent or earmarked for debt transfer.

On November 13, Zeti said BNM was seeking additional information from 1MDB to validate the firm’s claim.

She also said that it is incumbent on companies to provide updates on their overseas investments at BNM's request, especially when dealing with large amounts that exceed RM100 million.

Zeti acknowledged that the central bank will consider all options at its disposal, including possible legal action against 1MDB, but stressed that it is currently premature to determine when the investigation can be completed or BNM's next course of action.