Civil society groups Bersih and Center to Combat Corruption and Cronyism (C4) have refuted 1MDB's statement that the RM430 million held by Swiss authorities from three banks was a fine imposed.

“1MDB should stop lying about their money being cleared in Switzerland.

“What 1MDB fails to appreciate is the clear misconduct over the management of 1MDB funds,” Bersih acting chairperson Shahrul Aman Mohd Saari told a press conference in Petaling Jaya today...