According to the source who was quoted by Utusan Malaysia, the investigation involved allegations of misconduct against Zeti and former finance minister II Nor Mohamed Yakcop.

“The MACC is conducting an investigation after the commission received a complaint from an NGO which demanded that an investigation be carried out against Zeti and Nor Mohamed on Dec 22.

“The complaint made to the MACC was about the Singapore authorities’ disclosure that it had informed BNM in 2015 and 2016 about suspicious transactions by a company linked to (Zeti’s husband) Tawfiq Ayman while Zeti was still the BNM governor.

“The allegations were strengthened when the MACC confirmed that the Singapore government had assisted in the return of assets linked to 1MDB amounting to RM65 million to Malaysia involving the account of Cutting Edge Industries Ltd, which is linked to Tawfiq and Samuel Goh Sze Wei, who was a senior officer at NTUC Income,” the source reportedly said.

Another source told the Malay daily that the investigations pertained to the MACC Act 2009 and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001.

Utusan also reported that the police investigation into Tawfiq for allegedly receiving the 1MDB-linked funds has been completed.