Don't chair Cabinet meetings on 1MDB, Lim tells Najib

DAP leader Lim Kit Siang said Prime Minister Datuk Seri Najib Razak should not chair or be present at any Cabinet discussion on the financial state of 1Malaysia Development Berhad (1MDB) as it will be a conflict of interest.

Lim said this is because Najib is the final approving authority for 1MDB deals, transactions and investments, he said in his blog today.

Training his guns on Cabinet ministers, Lim said none of them has any clue how the 1MDB can be saved from its RM42 billion loans scandal.

He also noted that there was no resignation by any minister although Najib had said any minister can resign if they do not support him on the 1MDB issue.

READ: Hishammuddin backs Najib quit call, but with conditions

The Gelang Patah MP also noted why UMNO vice president and Minister for Rural and Regional Development Minister, Datuk Seri Shafie Apdal had objected to the application of the principle of collective Ministerial responsibility on the 1MDB scandal.

"Although Ministers had asked questions about the strategic investment firm during Cabinet meetings, Ministers are just unclear as the public over the firm’s opaque deals," he said.

"Are all Cabinet Ministers prepared to explain to the people about the 1MDB Roadmap?

"Nobody thinks so, for the Ministers must be equally at sea as the Malaysian public on the many questions and controversies that have cropped up just in the past three days on the 1MDB Roadmap," he said.

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Lim also questioned if the Cabinet had received a full report on claims that BSI Singapore had informed the Singapore authorities that the document related to 1MDB’s account in BSI were in fact “false bank statements” and “did not represent a true account of the assets of the 1MDB subsidiary”.

"And if so, what action the Cabinet has taken against such 1MDB irresponsibility and mismanagement?" he questioned.