KUALA LUMPUR (May 16): DAP parliamentary leader Lim Kit Siang has called on Prime Minister Datuk Seri Najib Razak to issue a white paper that will provide a comprehensive account on the 1Malaysia Development Bhd (1MDB) scandal.

Lim said the white paper should include the "alpha and omega" of 1MDB, since it began as Terengganu Investment Authority (TIA).

"The white paper should also detail how the government proposes to resolve the global scandal and who should be accountable for it," he told reporters in the parliament lobby today. It was the Gelang Patah member of parliament's first parliament meeting, after a six-month suspension.

Lim also suggested the tabling of the Auditor-General’s interim and final reports on 1MDB to Parliament on the first day of parliament session; three days set aside for a wide-ranging debate in Parliament on 1MDB; and a directive to the Public Accounts Committee to re-open investigation into the 1MDB scandal.

Lim said during his six-month suspension, he had travelled to 130 parliamentary constituencies in the country and the people from all walks of life are demanding that the prime minister answer two questions regarding the global financial scandal — where the money came from and where the money has gone to.

"Najib as the prime minister should be in Parliament (today) to answer the two simple questions — where the money came from and where have they gone to. Rather, he has left for the United Kingdom (UK) to avoid parliamentary responsibility and accountability," he said.

Lim said after his six-month suspension from Parliament, Najib still has not only been able to answer these two simple questions.

He added that Najib's twin mega scandals have continued to mushroom to become ever more monstrous, with Malaysia topping the global charts as among the most corrupt nations in the world like the third place in international website, foreignpolicy.com’s ranking of the world’s “worst corruption scandal in 2015” at the end of last year, TIME magazine’s second ranking of “global corruption” in March or the Economist’s second placing in its second index of crony capitalism early this month.
 
"Six months ago, we were talking about Najib’s RM2.6 billion “donation” scandal and the RM42 billion 1MDB scandal. Today, we are talking about Najib’s RM4.2 billion 'donation' scandal and the RM50 [billion]-RM55 billion 1MDB scandal," Lim added.

He said recent news report by international media in the United States, the UK and Singapore have pieced the big picture together, especially the multi-billion payment to Aabar Investment PJS Ltd, registered in British Virgin Island (Aabar BVI), that was linked to Najib's beneficiaries and personalities closely associated with Penang billionaire Jho Low.

Wall Street Journal had reported last week that at least US$50 million from 1MDB money was utilised by Najib's stepson Riza Aziz to purchase luxury properties in the United States (U.S.).

Also, investigations by the Singapore authority showed that SRC International Bhd, former subsidiary of 1MDB, had transferred US$11.95 million (RM48 million) of the company's funds to Jho Low's associate Tan Kim Loong.
 
Tan, according to WSJ, is the original beneficiary of British Virgin Islands-based Tanore Finance, which had sent US$681 million to Najib's personal bank accounts.

The latest charge against former BSI banker Yeo Jia Wei was for facilitating, through fraudulent means, the transfer of US$11.95 million from SRC International to Affinity Equity International Partners Ltd, a company owned by Tan.