CIMB group boss Nazir Abdul Razak has slammed the government's decision to suspend The Edge Weekly and The Edge Financial Daily .

"I condemn the suspension and my thoughts go out to all the affected staff.

"Recent 1MDB coverage seems outstanding but if there were flaws, then correct them or take legal recourse," he said in an Instagram posting today.

Nazir, who is the brother of Prime Minister Najib Abdul Razak, said The Edge was a pillar in the business community.

He said the media played a big role in keeping businesses informed, honest, and competitive.

The Home Ministry today suspended the two publications under The Edge Media Group for three months.

According to a statement from the media company, the ministry's letter stated that reporting on 1MDB by the two publications were "prejudicial or likely to be prejudicial to public order, security or likely to alarm public opinion or is likely to be prejudicial to public and national interest".

The Edge Media Group boss Tong Kooi Ong and publisher Ho Kay Tat are currently being probed under Section 124 of the Penal Code for "activities detrimental to parliamentary democracy".

This followed allegations of 1MDB documents being fabricated and tampered with, which were used in their expose of the 1MDB-Petrosaudi business deal.