PUTRAJAYA: The Singaporean authorities have stated that its law enforcement and regulatory agencies have been actively investigating possible money-laundering and other offences pertaining to controversial sovereign fund 1Malaysia Development Berhad (1MDB) since March 2015. In a joint statement by Singapore's Attorney-General's Chambers (AGC); Commercial Affairs Department, Singapore Police Force (CAD) and Monetary Authority of Singapore (MAS), today, it said that they had issued warrants of arrest in April and May 2016 for Low Taek Jho and Tan Kim Loong. "At Singapore's request, Interpol published Red Notices in October 2016, for the duo, who are suspected to have committed offences in Singapore and cannot be located." The authorities added that all Interpol members, including Malaysia, would have been aware of the Red Notices when they were published. "Singapore does not tolerate the use of its financial system as a refuge or conduit for illicit funds. "We have taken strong action against financial institutions and individuals who have broken laws within our jurisdiction in connection with 1MDB-related fund flows, including criminal charges and convictions, as well as large financial penalties. "Investigations are continuing into several other individuals suspected of being involved in 1MDB-related offences in Singapore.," it added. The statement was issued after officers from the AGC, CAD and MAS met the 1MDB Taskforce led by Tan Sri Abdul Gani Patail in Singapore yesterday. The meeting was held at the invitation of the Singapore authorities and followed an earlier meeting with the task force last week in Kuala Lumpur. "It was a productive meeting, with a fruitful exchange of information. "Singapore has been providing Malaysia information on 1MDB-related fund flows, since March 2015, and this was acknowledged by Malaysia. "Both sides agreed to continue this cooperation."