Friday 19 Apr 2024
By
main news image

KUALA LUMPUR (June 10): The Public Accounts Committee (PAC) said it will call up Bank Negara Malaysia to assist in its probe into troubled 1Malaysia Development Bhd (1MDB), if the need arises.

"They (Bank Negara) have executive powers, so they can investigate and they have the staff to do it. If their report is of value, then maybe we can call them (Bank Negara) at a later stage. If there is a need to call Bank Negara, we will call them," said PAC chairman Datuk Nur Jazlan Mohamed, when asked if Bank Negara had initiated its own probe into the debt-laden sovereign fund.

Nur Jazlan was speaking to reporters after a meeting with officials from audit firm Deloitte today, at Parliament. Deloitte is one of the three audit firms being called up to assist PAC into 1MDB investigations.

Bank Negara Malaysia (BNM) had on June 3 (last Wednesday), said in a press statement that the central bank started a “formal enquiry” on whether 1MDB and its officers had breached its rules and regulations.

BNM pointed out that it was taking statements from individuals involved in the governance process of 1MDB, and obtaining information from other relevant domestic and foreign parties.

Nur Jazlan said PAC needs to build up the case on 1MDB, to decide on whether this is needed to call the Prime Minister Datuk Seri Najib Razak and businessman Low Taek Jho to give statements.

"Give us some time," he said, urging the public to be patient so that the commission could do its task.

According to Nur Jazlan, the meeting with Deloitte today has provided more information to the committee. Nur Jazlan however declined to reveal if it has new leads on 1MDB.

Najib and Jho Low are the other two individuals that have been linked to 1MDB's dealings.

Najib is Malaysia's Finance Minister, who is also the chairman of 1MDB's advisory board.

      Print
      Text Size
      Share