Push for 1MDB audit disclosure, Nur Jazlan told
Newly-minted Deputy Home Minister Nur Jazlan Mohamad has been urged to use his new position to ensure that the National Audit Department's interim report on its investigation of 1MDB to be made public.
The call was made by Petaling Jaya Utara MP Tony Pua, who was once Nur Jazlan's colleague in the Public Accounts Committee (PAC).
"Datuk Nur Jazlan, you have read the Auditor-General's interim report.
"I hope that in your new role in the Home Ministry, you will help push for the report to be made public, so that Malaysians can know the truth and those behind the multi-billion ringgit scam can be brought to book.
"That will be the only way to bring sanity and security to Malaysia," Pua in a posting on his Facebook today.
The interim report was submitted to the PAC on July 9, but PAC members are barred from revealing its contents until it completes its own investigations.
However, Finance Minister II Ahmad Husni Hanadzlah has claimed that the interim report gives 1MDB a clean bill of health .
‘Decisions made without approval’
On the contrary, an earlier Malaysiakini report says the audit team had concluded that many of 1MDB's investment decisions were made without prior approval of its board of directors.
"These questionable decisions were made through written resolutions, instead of conducting proper board meetings," a highly-placed source with knowledge of the department's interim report said.
"The audit team described it as though the board was sidelined or that the decisions were influenced by others."
The audit team also found that on many occasions, the 1MDB management had failed to follow instructions from the board.
"They also claim that there were instances where the board was given inaccurate or incomplete information on investment decisions," said the source.
The source added that the audit team also found that the company lacked an investment committee to ensure that there was due diligence before making an investment.
These processes, said the source, resulted in a poor management structure.
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