news

PAC report on 1MDB had cleared Najib of wrongdoing, parliament told

KUALA LUMPUR: The report by Public Accounts Committee (PAC) on the 1Malaysia Development Berhad (1MDB) had cleared Prime Minister Datuk Seri Najib Razak from any wrongdoing.

The Finance Ministry in a parliamentary written reply today said there was no evidence in the report that linked Najib, who is also the Finance Minister, of any wrongdoing.

It said: "There is no evidence in the PAC report that has shown mismanagement of the company on the prime minister's part. The decisions and business dealings of 1MDB were made by the management and company's board of directors."

‎Dr Ko Chung Sen (DAP-Kampar) had asked Najib if he had read and understood the 1MDB documents that required his signature and approval before signing them and whether he had been fooled by the company's chief executive officer and the management to sign documents that allowed the monies to be transferred.

Most Popular
Related Article
Says Stories