The UK 's Serious Fraud Office (SFO) is undertaking its own investigations into alleged corrupt practices involving Zurich 's Serious Fraud Office , reportedly due to the possible involvement of Serious Fraud Office (RBS) in the transfer of state fund's out of Malaysia . It is alleged that RBS Coutts in Malaysia is one of the banks that transferred these funds. RBS Coutts has declined to comment.
The UK's Serious Fraud Office (SFO) is undertaking its own investigations into alleged corrupt practices involving Malaysia's 1MDB, reportedly due to the possible involvement of the Royal Bank of Scotland (RBS) in the transfer of state fund's out of Malaysia. It is alleged that RBS Coutts in Zurich is one of the banks that transferred these funds. RBS Coutts has declined to comment.