Police, MACC, AGC set up joint task force to probe 1MDB

A special task force has been set up to probe the alleged mismanagement of funds in 1Malaysia Development Berhad (1MDB).

The task force is made up of the Royal Malaysian Police, the Malaysian Anti-Corruption Commission (MACC) and the Attorney-General’s Chambers (AGC).

Inspector-General of Police, Tan Sri Khalid Abu Bakar said the task force was set up four days ago.

All reports received pertaining to the alleged corruption in 1MDB is referred to the special task force, he said.

“Investigation papers will be opened on each report received. If there is an offence, we will probe further. If there’s no offence committed, we will refer the case to the AG and recommend for the case to be closed,” Khalid told newsmen after signing the letter of acceptance between the Malaysian government and University of Derby at the Cheras police academy on Monday.

The case is probed under Section 409 and Section 420 of the Penal Code for criminal breach of trust and cheating, respectively.