Thursday 25 Apr 2024
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This article first appeared in The Edge Financial Daily, on May 19, 2016.

 

KUALA LUMPUR: Arul Kanda Kandasamy, 1Malaysia Development Bhd’s (1MDB) president and group executive director, said it is no longer possible for him to engage with opposition lawmaker Tony Pua in a debate over 1MDB on concerns that it may prejudice 1MDB’s legal position, following a police probe into the fund, and the latter’s dispute with Abu Dhabi’s sovereign wealth fund, International Petroleum Investment Co (IPIC).

“I refer to the debate challenge issued by YB Tony Pua on April 14, 2016. Since it was issued and accepted a month ago, there have been two key developments that mean it is no longer possible for me to engage with YB Tony in a debate,” he said.

Arul Kanda cited the formation of a special task force by the police to look into the findings of the Public Accounts Committee (PAC) on 1MDB, and 1MDB’s public dispute with IPIC, as those two developments.

“I am now fully focused on assisting PDRM (the Royal Malaysian Police) and resolving the IPIC dispute. As such, I cannot engage in a debate which may prejudice 1MDB’s legal position in relation to the investigation and the dispute,” he added.

It was reported on Tuesday that the first one-to-one debate between Pua, who is also DAP national publicity secretary, and Arul Kanda, over controversies surrounding the strategic development fund was still on after Arul Kanda accepted a second challenge that Pua issued on April 14.

Pua told reporters at the Parliament lobby that day that Arul Kanda had agreed to proceed with the debate in April, after the PAC report was tabled in Parliament on April 7, adding that they were making the preparations to take the gloves off on air.

Pua, the member of parliament for Petaling Jaya Utara, had also called on Communications and Multimedia Minister Datuk Seri Dr Salleh Said Keruak to reoffer RTM or TV3 as a platform for a live televised debate on 1MDB, following his offer last October, before the event was cancelled.

But when approached later, Salleh said RTM had no interest to televise the debate between Pua and Arul Kanda as the 1MDB issue had been resolved following the tabling of the PAC report in Parliament in April.

The debate between Pua and Arul Kanda, which was supposed to be telecast live by RTM, was cancelled last November, after Dewan Rakyat Speaker Tan Sri Pandikar Amin Mulia set a condition that Pua can only debate with Arul Kanda if he resigns from the PAC, as the committee’s probe into 1MDB was still pending.

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