Malaysia
1MDB says has made full payment of BNM fine
A woman walks pass the headquarters of Bank Negara Malaysia in Kuala Lumpur, March 30, 2015. u00e2u20acu201d Picture by Yusof Mat Isan

KUALA LUMPUR, May 25 ― Scandal-hit Malaysian government fund 1Malaysia Development Berhad (1MDB) said today it has made full payment of a fine imposed on it by the country's central bank.

Bank Negara Malaysia (BNM) said last month that it had issued a letter of administrative compound to the fund for failing to comply with bank rules.

“1MDB confirms that it has today made payment, in full, of the compound, in compliance with the decision of BNM,” the fund said in a statement. ― Reuters

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