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MACC to step in if wrongdoing proven in 1MDB accounts

Bernama
Bernama
09/03/2015
11:00 MYT
MACC to step in if wrongdoing proven in 1MDB accounts
ABU KASSIM: MACC will await the full report from the Auditor-General and the PAC before taking any action.
The Malaysian Anti-Corruption Commission (MACC) today said it would investigate the accounts of 1Malaysia Development Bhd (1MDB) if there is any indication of irregularities and wrongdoing involving the strategic investment fund.
MACC chief commissioner, Tan Sri Abu Kassim Mohamed said the commission would await the full report on the matter from the Auditor-General and the Public Accounts Committee (PAC) before taking any action.
"Look back at the government statement by the prime minister. The audit will go inside (and investigate), check, and they will present it to the (parliamentary) Public Accounts Committee (PAC).
"If there is a case (of irregularities), they will bring the matter to the law enforcement body (MACC)," he told reporters after witnessing the signing of the Corporate Integrity Pledge at the Computerised Vehicle Inspection Centre (Puspakom) at Section 28 here.
Also present at the event were DRB-Hicom group managing director Tan Sri Mohd Khamil Jamil. Puspakom is a wholly-owned subsidiary of DRB-Hicom.
Related Topics
#1MDB
#Abu Kassim Mohamed
#accounts
#embezzlement
#fraud
#MACC
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