'1MDB roadmap designed to save Najib's skin'
Published:  Jun 1, 2015 7:38 AM
Updated: 8:37 AM

The 1MDB restructuring plan discussed by the Cabinet last Friday is actually a roadmap to save Prime Minister Najib Abdul Razak, said Lim Kit Siang.

He said this is because the prime minister has the final approval authority for all 1MDB deals.

The Gelang Patah MP was referring to the memorandum and articles of association (M&A) of Terengganu Investment Authority (TIA), 1MDB's precursor.

The document showed that Najib had complete control of TIA.

As such, Lim said the 1MDB Roadmap, the restructuring plan presented by Finance Minister II Ahmad Husni Hanadzlah, is no different from being a 'Save 1MDB Roadmap' or 'Save Najib Roadmap'.


"Were all the Cabinet ministers aware that they were deciding on a 'Save Najib Roadmap'?

"Have they accepted collective responsibility for the 1MDB scandal to 'sink or swim' with Najib on the issue?" he asked.

He particularly asked if Deputy Prime Minister Muhyiddin Yassin and Minister for Rural and Regional Development Shafie Apdal accepted collective responsibility in relation to 1MDB.

He said these questions have became especially pertinent following Najib's call for dissenting ministers to quit .


He pointed out that Najib gave all 35 ministers a chance to distance themselves from 1MDB.

"But not a single cabinet member did that, not even Shafie," he noted.

1MDB's opaque deals

"Does this mean that cabinet ministers, including Muhyiddin and Shafie, who are on record in expressing disagreement with the 1MDB scandal, have now swallowed their reservations so as to continue to be members of the Najib cabinet?" he added.

Lim challenged the ministers to announce if they are prepared to announce publicly that they accept full collective responsibility for the 1MDB scandal.


Meanwhile, the DAP leader said Husni has yet to fulfil his promise to make public the 1MDB roadmap after he had tabled it in Cabinet.

He said Husni merely announced that 1MDB will receive US$1 billion (RM3.67 billion) from Abu Dhabi’s International Petroleum Investment Company (IPIC) to repay a US$975 million loan maturing in August.

He asked if details relating to IPIC’s loan to repay a US$975 million loan maturing in August and what would this cost Malaysia been presented to the Cabinet.

"Were the Cabinet ministers as usual asked to give a blank cheque approval for the 1MDB Roadmap without any meaningful details to allow the them to discuss and decide?"

"Are the ministers again in the same position as members of the Malaysian public, to use Shafie's words, of being as unclear as the public over the 1MDB's opaque deals?" he asked.

Read more like this :
View Comments
Most Read
Most Commented
Most Recent