DAP urges govt to probe Chinese bank for 'money laundering'

DAP has urged the authorities to investigate the Industrial and Commercial Bank of China (ICBC, photo above) over allegations of money laundering through Kuwaiti entities, involving a 1MDB asset.

Referring to a series of reports by Sarawak Report on the matter, DAP publicity secretary Tony Pua said relevant authorities, especially the Finance Ministry and Bank Negara, must look into the matter because it has caused billions of ringgit in losses to Malaysian taxpayers...