HK firm managing RM7 bilion of 1MDB funds, says Rafizi

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Published Nov 3, 2014

PKR's Pandan MP Rafizi Ramli today said that a little known Hong Kong firm called Bridge Partners has been appointed to manage around RM7 billion (US$2.3 billion) of the controversial 1Malaysia Development Berhad (1MDB)'s funds.

Rafizi said that public information on the company is scarce and questioned the decision to hand the management of the funds to a company that is not monitored under Malaysia's own laws.

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HK firm managing RM7 bilion of 1MDB funds, says Rafizi

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