BNM recommended RM23m fine against 1MDB, testifies Zeti

1MDB Trial | Bank Negara Malaysia (BNM) had recommended a RM23 million fine against 1MDB over failure to comply with the central bank’s directions under the Financial Services Act 2013, testified Zeti Akhtar Aziz.

However, the former BNM governor told the Kuala Lumpur High Court today that the then attorney-general settled on a RM15 million fine against the troubled Malaysian sovereign wealth fund.