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BNM: 1MDB given time to bring back RM7.7b, investigation on fund closed

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Bank Negara governor Datuk Muhamad Ibrahim said the central bank will give 1Malaysia Development Bhd (1MDB) time to repatriate the US$1.83 billion (RM7.76 billion) it has abroad. He said Bank Negara decided against imposing a deadline for the repatriation after 1MDB said it needed the fund to restructure its debt. The state investment firm was compounded for failing to bring back the money.
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