Last week 1Malaysia Development Bhd (1MDB) issued a clarification of how its RM42 billion debt was used which raised more questions than answers. On the same day, Bank Negara Malaysia said it has also begun a formal enquiry to see whether the company has breached any rules and legislation under its purview.

<p>Last week 1Malaysia Development Bhd (1MDB) issued a clarification of how its RM42 billion debt was used which raised more questions than answers. On the same day, Bank Negara Malaysia said it has also begun a formal enquiry to see whether the company has breached any rules and legislation under its purview.</p>

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