DAP supremo Lim Kit Siang has accused 1MDB of disrespecting the Malay rulers after the state-owned fund claimed that it was not being investigated.

This was after 1MDB yesterday claimed it is not under investigation, just a week after the Conference of Rulers called on the government to complete the probe into 1MDB as soon as possible and to act against those found guilty of wrongdoing.

"In just a week, the Malay rulers' concern about the RM50 billion 1MDB scandal has proven to be valid, legitimate, and prescient, with Prime Minister Najib Razak's ministers competing in political ' tai chi ' and the 1MDB chief executive officer Arul Kanda Kandasamy even claiming that 1MDB is 'no longer under investigation'.

"The 1MDB CEO has shown utter disrespect and even contempt for the Malay rulers when 1MDB came out with a statement yesterday saying that the attorney-general’s explanation of why the firm was not charged emphasised the fact that it is no longer being investigated," said Lim in a statement today.

1MDB, in a statement yesterday, noted that the Attorney-General's (AG's) Chambers had rejected Bank Negara's investigation papers.

“This confirmation by the AG's Chambers reinforces the statement by the Malaysian Anti-Corruption Commission (MACC) on Sept 22, 2015, that 1MDB is not under investigation,” it said.

MACC issued a counter-statement within hours, stating that even though the MACC was not probing 1MDB, it did not mean it was not being investigated by other agencies.

MACC also pointed out that the police are still waiting for the auditor-general's report on 1MDB to conclude its investigation.

'Rulers misinformed?'

Lim urged Prime Minister Najib Abdul Razak to present a White Paper on 1MDB when Parliament convenes next Monday.

"Malaysians are entitled to know whether the Malay rulers had been misinformed and misguided about their statement of Oct 6 on 1MDB investigations, when 1MDB is not even being investigated," said Lim.

1MDB is struggling to repay its US$11 billion debt and is also facing allegations that some of its funds had been siphoned off to third parties.