1MDB will answer to Tony Pua at PAC hearings

1Malaysia Development Board (1MDB) said it is prepared to answer to Petaling Jaya Utara MP Tony Pua's queries at the Public Accounts Committee (PAC) hearings.

"We look forward to answering Tony Pua - per due process and with all supporting evidence, at the upcoming PAC hearings," it said in a statement here today.

The company said it had submitted authentic company documents, including its Board of Directors' minutes, to lawful authorities investigating the company, such as the police and the Auditor-General.

"The Auditor-General has confirmed its final report will be ready before year end," it said.

The company said that the final report would then be submitted to the PAC, of which Tony Pua is a member and the committee would then present its findings to the Parliament.

All relevant information would be available to the public after it was presented to the Parliament, it said.

"1MDB remains focused on cooperating with the investigations by the lawful authorities," it added.