"With reference to the ongoing investigations by the Monetary Authority of Singapore on 1MDB-linked institutions and the statement released today, we would like to reiterate that we are in full cooperation with the authorities. We will comment further when the investigations are complete," a spokesman said in response to an enquiry.
The Singapore authorities said on Thursday they had seized assets worth S$240 million ($177 million) in an investigation into 1MDB-related fund flows and possible money laundering, in a probe which has found "deficiencies" at several major banks in the city state.