Thursday 25 Apr 2024
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KUALA LUMPUR (Oct 21): 1Malaysia Development Bhd (1MDB) said the Auditor-General (AG) has confirmed that its final report will be ready by end-2015.

It was responding to DAP lawmaker and Public Accounts Committee (PAC) member Tony Pua's demand to publish the minutes of its board of directors' meetings.

"1MDB has submitted authentic company documents, including its board of directors' minutes, to lawful authorities investigating the company, such as the Royal Malaysia Police and the AG. This is per due process and the laws of our country," said the troubled state investment fund in a statement today.

It said the documents will be submitted to the PAC, which will then present the findings to Parliament. The relevant information will subsequently be made available to the general public.

1MDB had criticised Pua's questioning and said he continues to raise premature questions without evidence, in an attempt to score political points.

"1MDB, however, remains focused on cooperating with the investigations by the lawful authorities. In fact, we look forward to answering YB Tony Pua — per due process and with all supporting evidence — at the upcoming PAC hearings," it said.

Pua had yesterday challenged 1MDB to deny the authenticity of leaked minutes of its board meeting which was published by online news portal Sarawak Report.

News reports quoted Pua as saying that the minutes showed the unhappiness of 1MDB's board over a US$700 million payment made to PetroSaudi International Ltd.

 

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