AUDITOR-GENERAL AMBRIN BUANG THE NEXT TO BE SACKED BY NAJIB? KEEPING A LID ON LATEST 1MDB FRAUD ...

Anonymous said...

Bradley Hope's story today suggests that 1 MDB transferred funds it called a deposit to a dummy corporation neither it nor the apparent recipient, Aabar PJS, owned or controlled.

1MDB's statement above confirms everything but the identity of the recipient.

The assertion "that 1MDB auditors, Deloitte, made specific and detailed enquiries on these payments prior to signing off on the 1MDB audited accounts" seem to be an attempt to hide behind the auditors error.

Deloitte appear to have made a mistake not uncommon among auditors, in this case not realizing

- “Aabar Investments PJS Ltd" and

- “Aabar Investments PJS"

are not the same entity.

It should be kept in mind that Deloitte were investigating a deposit, not a payment, in which case the auditors would have likely requested a proof of deposit from the entity in question, in this case Aabar Investments PJS Ltd.

Audit processes are not likely to have required Delloite to seek proof of anything else.

It does appear as if 1MDB (and/parties acting in concert) was itself the party that provided the proof of deposit.

http://sahathevan.blogspot.my/2015/12/latest-wsj-story-brings-1-mdb-into-uk.html

Carimakan & Ambrin Buang must follow up on this piece of information.

The question is simple:

Did 1MDB ever transfer money to an entity called Aabar Investments PJS Ltd?

Recall the auditors.

And call Zeti - she is well aware of the whole PSI scam. - http://syedsoutsidethebox.blogspot.com/