Why is MACC cooperating with the FBI on 1MDB?

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MACC is cooperating with the FBI on 1MDB investigations due to a request for assistance related to a businessman allegedly involved in cheating and money laundering.

The Malaysian Anti-Corruption Commission (MACC) is providing assistance to the United States' Federal Bureau of Investigation (FBI) in their inquiries concerning 1Malaysia Development Berhad (1MDB). This collaboration is in response to a request from the US and is conducted in accordance with the United Nations Convention Against Corruption, which mandates inter-agency cooperation on transnational crimes. The focus of MACC's involvement centres on a businessman suspected of defrauding 1MDB and subsequently laundering the proceeds before transferring them to the United States.
Assistance Provided Under International Convention

MACC's cooperation with the FBI is explicitly framed within the parameters of the United Nations Convention Against Corruption. This international framework requires signatory agencies to offer mutual assistance and support when investigations involve criminal activities spanning multiple countries. The commission's chief commissioner, Tan Sri Abu Kassim Mohamed, confirmed that the US sought their help, and MACC is fulfilling its obligations under this convention.
Investigation into Alleged Fraud and Money Laundering

The core of MACC's engagement with the FBI pertains to a specific businessman who is alleged to have defrauded 1MDB. Investigations are underway to examine claims that this individual engaged in money laundering activities with funds obtained from the alleged fraud before moving these assets to the United States. MACC has confirmed its role in investigating this potential money laundering by the businessman.
Government's Stance on International Cooperation

The Malaysian government, as stated by Prime Minister Datuk Seri Najib Razak, acknowledges the seriousness of the civil suit filed by the US Department of Justice (DOJ) concerning 1MDB. The Prime Minister indicated that the government would extend full cooperation to all international investigative bodies involved in the matter. This commitment underscores the government's approach to addressing international inquiries related to the 1MDB case.

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Why is MACC cooperating with the FBI on 1MDB?

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