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10 APRIL 2024

Friday, March 27, 2015

REALLY, PAUL LOW? 'Govt serious in getting to the bottom of 1MDB fiasco'

REALLY, PAUL LOW? 'Govt serious in getting to the bottom of 1MDB fiasco'
SERDANG - The Auditor-General’s auditing process on 1Malaysia Development Bhd (1MDB) is about getting to the truth and not a “classic way of distracting comments”, said Minister in the Prime Minister’s Department Paul Low today.
He said the National Audit Department had begun the audit after being instructed to do so by Prime Minister Najib Abdul Razak to independently verify 1MDB’s accounts.
“The government is serious in getting to the truth. The Auditor-General is requested to do the audit not just about the accounts but whatever that is necessary to get to the truth, particularly areas relating to what the public is worried about.
“There are some people who claim that this is a classic way of distracting comments by the public but it is not true. The Auditor-General’s findings will be presented to the Public Accounts Committee (PAC) which is bipartisan, transparent and open,” he told reporters after the launching of the Auditor-General’s Dashboard Version, here today.
On March 4, Najib had instructed the Auditor-General to verify 1MDB’s accounts and said that if any wrongdoing was proven, the law would be enforced without exception.
On March 9, Inspector-General of Police Khalid Abu Bakar said a special task force comprising representatives from the Attorney-General’s Chambers and the Malaysian Anti-Corruption Commission (MACC) had been formed to investigate complaints on the status of 1MDB.
Low said the audit by the Auditor-General and the task force were carried out simultaneously and independently.
“Please bear in mind that they are not receiving instructions from anyone and (there is) no interference, too. I can assure you that it is proceeding independently to verify accusations because the public needs to know (the truth).
“The Auditor-General’s report will be made public,” he said.
1MDB, established in 2009, became the focus of the media and the people following allegations of financial mismanagement. – BERNAMA

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