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1MDB claims it's no longer under probe, absolved
Published:  Oct 14, 2015 12:55 PM
Updated: 11:20 AM

1MDB today said it was no longer under investigation after the attorney-general's chambers refused to prosecute the company despite investigation papers handed over to it by Bank Negara.

"The attorney-general, having reviewed all relevant documentation contained in the Bank Negara investigation papers, applied the relevant laws governing such matters and confirmed that 'no offence had been committed' by 1MDB.

"This confirmation by the attorney-general's chambers reinforces the statement by the MACC on Sept 22 that 1MDB is not under investigation," it said in a statement today.

As such, 1MDB said those who continue making criminal charges against the company should provide evidence if there are grounds for another investigation.

The company zoomed in on Petaling Jaya MP Tony Pua (photo) who accused 1MDB of "criminal breach of trust, misappropriation and embezzlement".

"These are serious criminal accusations so we urge Pua to 'walk the talk' and provide his 'clear cut evidence' to the lawful authorities for further investigation.

"1MDB has consistently maintained that if there is any evidence of wrongdoing, then action must be taken under the law.

"However, if he cannot provide such evidence, then Pua should stop making wild and unproven allegations, which are clearly politically-motivated," it said.

Audit department cooperation

1MDB added that it was still cooperating with the auditor-general who is working on producing a report on the company's activities.

"1MDB continues to work closely with National Audit Department to provide requisite information for its final report which will be presented by year end to the bi-partisan Public Accounts Committee (PAC) of which Pua is a member," it said.

The MACC is presently probing SRC International, a former subsidiary of 1MDB that is now under the finance ministry, and the deposits of RM2.6 billion in the prime minister's personal bank accounts.

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