Former prime minister Dr Mahathir Mohamad said he is prepared to be arrested and charged for the statement he made during Bersih 4 rally.

"When you stick out your neck, then you are ready to be chopped off," he said in a press conference at Malaysia’s War On Corruption symposium.

He was asked about the police who would conclude the probe against him and submit to the Attorney-General's Chamber in two weeks' time.

Deputy inspector-general of police Noor Rashid Ibrahim ( photo ) said the investigation paper (IP) would be referred to the prosecutor for further action in two weeks' time.

Previously, inspector-general of police Khalid Abu Bakar said Mahathir is being investigated under Section 500 of the Penal Code for criminal defamation.

This is in relation to police reports lodged over his remarks that Umno division leaders have taken money.

Last Friday, Mahathir gave a statement over his appearance at the Bersih 4 rally on Aug 29 and 30.

Who will have the last laugh?

Mahathir also responded to his former colleague and PPP president M Kayveas, who claimed that he and other irresponsible 1MDB detractors would end up looking like jokers if they continue their criticism of the troubled government investment fund.

"We will see who is joking. We will see who will have the last laugh," the former premier said.

Kayveas ( photo ) urged all the leaders to stop criticising the country and defended the RM2.6 billion which went into Prime Minister Najib Razak's bank account.

"Nice people donate, so (there is) nothing wrong (with that)," he had said.

In rebutting Kayveas's remark that Najib was made a scapegoat for the 1MDB fiasco, Mahathir said: "Najib is the commandor of 1MDB.

"When a prime minister becomes the advisory board chairman of 1MDB, he is like commanding (the state-owned investment fund). He is like a British adviser. When he gives advice, we must follow."

Kayveas said the management of 1MDB should be blamed for the poor performance and not Najib.

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