We will finish 1MDB probe, says Najib

PHOTO: The Star

PUTRAJAYA - The Government will help complete the probe into 1Malaysia Development Bhd's (1MDB) investments, said Datuk Seri Najib Tun Razak.

The Prime Minister gave a further assurance that the 1MDB issue would be handled in a transparent and market-friendly approach.

"The Government is committed to improving institutional integrity to sustain public and investor confidence in the economy.

"For instance, the disposal of 1MDB interests in Edra Global Energy was carried out through an open bidding process and offers received, including from abroad, that reflected the market value. The process is now at the final stage," he said at a special press conference on the economy here yesterday.

Najib said the same approach would be used in the development of Bandar Malaysia by 1MDB.