Former Bank Negara Malaysia governor Zeti Akhtar Aziz insisted that her husband, Tawfiq Ayman, and family members did not benefit from 1MDB funds.
She said Tawfiq Ayman owned an asset management company in Singapore, and received monies from various investors for investment purposes. “Therefore, he reported it in writing to the financial institution and requested them to return to the investor. And if the bank fails to do so, forward to the jurisdiction .
Previously, it was reported that RM64.4 million linked to 1MDB had been repatriated from Singapore. The money was allegedly kept in the bank account of Tawfiq’s company, Cutting Edge Industries Ltd.Asked by Shafee if she was able to produce Tawfiq’s letter to the Singaporean bank over the suspicious transactions, Zeti said the police were still investigating the case against Tawfiq, and, therefore, she was not at liberty to comment.“It is hearsay until he is called,” Shafee retorted.