SHAMSIAH Mohd Yunus, who led the investigation into the trail of money that flowed out of 1Malaysia Development Bhd (1MDB), has been appointed as the governor of Malaysia’s central bank, according to a report.

1MALAYSIA DEVELOPMENT BHD (1MDB) investment decisions in joint-venture companies involving PetroSaudi were made within eight days, without a detailed assessment process and before the issues or conditions raised by the 1MDB Board are resolved, the declassified auditor-general’s report on 1MDB released on Tuesday stated.