KUALA LUMPUR (June 12): The Attorney-General's Chambers (AGC) has received the investigation papers on 1Malaysia Development Bhd (1MDB) which has been prepared by the Malaysian Anti-Corruption Commission (MACC), this afternoon.

In a statement released over Twitter, Attorney-General Tommy Thomas said in order to discharge his and his team’s duties effectively, he has appointed two teams to study the papers, with a view of possibly instituting criminal prosecution and civil proceedings.

“Members of both teams are experienced Deputy Public Prosecutors, and Senior Federal Council who will report directly to me,” he said.

The AGC would require time to review the papers, but appreciates the urgency and sensitivity of their tasks.

At the same time, Thomas said he has signed mutual legal assistance requests from Switzerland, United States, France and the United Arab Emirates.

“(We) hope to commence assistance and collaborative efforts with them,” he added.

Over the month, MACC took statements from former Prime Minister Datuk Seri Najib Razak, who was chairman of the debt-ridden state investment fund, and his wife Datin Seri Rosmah Mansor.

Previously, ex-AG Tan Sri Apandi Ali dismissed any wrongdoing by Najib regarding 1MDB, while MACC ruled that the RM2.6 billion allegedly found in his account was from donors.

However, the investigation into 1MDB’s former subsidiary SRC International Sdn Bhd, where the company allegedly transferred RM42 million into Najib’s personal account, was left open.

On Thursday, MACC requested businessman Low Taek Jho or Jho Low, who was once 1MDB special adviser and said to be mastermind of the scandal, to come forward to assist in investigations into SRC International.

The commission also asked former SRC managing director Nik Faisal Ariff Kamil Nik Othman, 47, to help with investigations, while urging mystery man Tan Kim Loong, who is alleged to be signatory for numerous bank accounts overseas where billions of ringgit originated from 1MDB were laundered, to also assist.

The accounts included that of Tanore Finance at Falcon Bank in Singapore, through which US$681 million was allegedly transacted to and from the AmBank account of Najib’s.

Along with Tan, MACC has also called for 1MDB investments director Tang Keng Chee, former general counsel of 1MDB Loo Ai Swan, and Jho Low’s friend Geh Choh Heng.

SRC International, which now reports to the Ministry of Finance after slipping into financial woes in 2012, was set up in 2011 to invest in the energy business. The company is also said to have trouble servicing its debts of RM4.3 billion, which came primarily from the Retirement Fund Inc (KWAP).