Did 1MDB get cheated or is the management in charge clueless about the billions in missing funds as alleged by the US Department of Justice (DOJ), asked DAP lawmaker Tony Pua.

“The question 1MDB must respond to is whether it finally accepts that it is a victim of a treasonous fraud in the light of the lorry-load of hard evidence presented.

“Or are 1MDB chief Arul Kanda Kandasamy and his team still oblivious to the entire scam where multi-billion dollars have been lost?

“How difficult is it for these super-clever executives to figure out if the money is missing or otherwise?” Pua asked in a statement today.

Pua also asked if Arul Kanda and his team are instead conspirators who are trying their best to cover up the case, which also allegedly implicates Prime Minister Najib Abdul Razak.

The DOJ on Wednesday claimed that more than US$3.5 billion in 1MDB funds had been misappropriated, and that it was seeking to seize more than US$1 billion in assets acquired with the siphoned monies.

The US authorities in its civil suits, named Najib’s stepson Riza Aziz and Penang-born tycoon Jho Low as those involved in the scheme.

It also claimed that an unnamed high ranking public servant, dubbed ‘Malaysian Official 1' had received US$731 million in illicit funds.

1MDB’s only response to the DOJ’s damning revelations has been to say that “it is not a party to the civil suit, does not have any assets in the United States of America, nor has it benefited from the various transactions described in the civil suit”.

Meanwhile, DAP supremo Lim Kit Siang said the DOJ lawsuit vindicated his remarks that the Public Accounts Committee’s report on 1MDB was only the tip of the iceberg.

He said Malaysian authorities should have played a role in uncovering the “iceberg” more.

Lim urged all Malaysians to read the DOJ’s 136-page suit, calling it “a ‘horror story’ as to how tens of billions of ringgit of public funds and assets had been laundered.”