Singapore has seized a large number of bank accounts in recent months as part of an investigation into possible money-laundering linked to Malaysian state investment fund 1Malaysia Development Berhad (1MDB), authorities said on Monday.
Singapore is cooperating with authorities in Malaysia, Switzerland and the United States who are investigating 1MDB, said the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department, the city-state's white-collar crime agency.
"In connection with these investigations, we have sought and are continuing to seek information from several financial institutions, are interviewing various individuals, and have seized a large number of bank accounts," the two agencies said in a joint statement.
The statement did not offer any further details. In July, local police said they had only frozen two bank accounts linked to the 1MDB probe.