KUALA LUMPUR: An interim report by the auditor-general on the accounts of state sovereign fund 1Malaysia Development Bhd (1MDB) has found nothing out of the ordinary.
“There is nothing suspicious in the interim report,” said Datuk Nur Jazlan Mohamed, chairman of the bi-partisan Public Accounts Committee (PAC) said today.
However, he called on 1MDB to
provide crucial documents requested by the auditor-general for its investigation.
Nur Jazlan said these included bank statements and agreements pertaining to its investments.
“There were hindrances faced by the auditor-general during the three-month probe into the state-owned fund when 1MDB was not forthcoming in revealing some of the crucial documents needed for the investigation,” he said in a press conference after Auditor-General Tan Sri Ambrin Buang presented a 70-page interim report to PAC.
Nur Jazlan said he hoped 1MDB officials would furnish the requested documents in due time to ensure investigations could be completed by the end of the year.
PAC, he said, would question the fund’s past and present chief executives and directors next month.
“We (PAC) are satisfied with the scope of the investigation carried out by the National Audit Department. However, it's too early to comment if there are any wrongdoings.”
Asked on The Wall Street Journal (WSJ) reports on 1MDB, Nur Jazlan said: “WSJ revelations are under the purview of the special taskforce, comprising the attorney-general, police, Bank Negara and the Malaysian Anti-Corruption Commission. PAC will not impede in their investigations.”
He noted that the scope and methodology used in the 1MDB audit includes analysis into its financial statements and investments including PetroSaudi International Ltd.