1MDB says it has filed FY2014 financial statement with CCM

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KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has come out with a one-line press statement this evening to say that it has lodged its financial year 2014 (FY2014) statement with the Companies Commission of Malaysia (CCM).

However, a check with the regulator today showed that the accounts are still not available for public viewing.

The sovereign wealth fund was responding to a report by The Edge Financial Daily published today that its FY14 accounts had still not been submitted to the CCM by the time the regulator’s office closed at 4pm on Tuesday.

The daily pointed out this was despite Prime Minister Datuk Seri Najib Razak, who is also the chairman of the advisory council of 1MDB, having told Parliament that two subsidiaries of 1MDB – 1MDB Energy (Langat) Sdn Bhd and 1MDB Real Estate Sdn Bhd – would file their audited 2013 and 2014 financial year accounts by Oct 31.