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1MDB: Government serious to get to the truth - Paul Low

Bernama
Bernama
26/03/2015
14:45 MYT
1MDB: Government serious to get to the truth - Paul Low
PAUL: The National Audit Department had begun the audit after being instructed to do so by prime minister Datuk Seri Najib Tun Razak to independently verify the 1MDB accounts. - File Photo
The Auditor-General's auditing process on the 1Malaysia Development Bhd (1MDB) is about getting the truth and not a 'classic way of distracting comments', said a Minister in the Prime Minister's Department Datuk Paul Low Seng Kuan on Thursday.
He said the National Audit Department had begun the audit after being instructed to do so by prime minister Datuk Seri Najib Tun Razak to independently verify the 1MDB accounts.
"The government is serious in getting to the truth. The Auditor-General is requested to do the audit not just about the account but whatever that is necessary to get to the truth, particularly areas relating to what the public is worried about.
"There are some people who claimed that this is a classic way of distracting comments by the public but it is not true. The Auditor-General's findings will be presented to the Public Accounts Committee (PAC) which is bipartisan, transparent and open," he told reporters after the launching of the Auditor-General's Dashboard Version, here today.
On March 4, Najib had instructed the Auditor-General to verify the 1MDB accounts and said that if any wrongdoing was proven, the law would be enforced without exception.
On March 9, Inspector-General of Police Tan Sri Khalid Abu Bakar said a special task force comprising representatives from the Attorney-General's Chambers and the Malaysian Anti-Corruption Commission (MACC) has been formed to investigate into complaints on the status of the 1MDB.
Low said the audit by the Auditor-General and the task force were carried out simultaneously and independently.
"Please bear in mind that they are not receiving instructions from anyone and (there is) no interference too. I can assure you that it is proceeding independently to verify accusations because the public need to know (the truth).
"The Auditor-General's report will be made public," he said.
The 1MDB, established in 2009, became the focus of the media and the people following allegations of financial mismanagement.
Related Topics
#1MDB
#IMalaysia Development Bhd
#National Audit Department
#Paul Low Seng Kuan
#Public Accounts Committee
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