Petaling Jaya Utara MP Tony Pua today said it is “crystal clear” that attorney-general Mohamed Apandi Ali has yet to verify the exact source of the donation deposited into Prime Minister Najib Abdul Razak’s personal accounts.
“Therefore, he (Apandi) cannot conclusively dismiss the possibility that part of the US$4 billion of misappropriated funds by 1MDB did not find its way to Najib’s accounts.
“The link between 1MDB and Najib must be thoroughly investigated because of the circumstantial evidence surrounding the transactions,” said Pua, in referring to an ongoing probe by Swiss authorities into 1MDB.
Apandi had - in response to an official request for assistance from the Swiss attorney-general’s office - said that it was a separate case from Malaysia’s investigations into the RM2.6 billion donation supposedly received from a Middle Eastern donor.
Last week, Apandi had also cleared Najib of all allegations linked to the RM42 million from SRC International and the aforementioned political donation cases, based on the outcome of investigations by the Malaysian Anti Corruption Commission (MACC).
Pua, however, stressed that no investigation over the source of funds can be completed without investigating the overseas money trails of 1MDB, IPIC, Aabar, Tanore Finance and Falcon Bank.
“The sum of US$681 million (was) deposited into the prime minister’s bank account within five days after 1MDB successfully raised US$3 billion in bonds in March 2013.
“We also know that the money was transferred by ‘Tanore Finance Corp Limited’, a company set up in the British Virgin Islands via Falcon Private Bank. The small Swiss Bank is in turn owned by the International Petroleum Investment Corporation (IPIC) of Abu Dhabi,” said Pua.
He added that IPIC and its subsidiary Aabar Investments PJS have in turn entered into various financial and joint venture agreements with 1MDB and SRC International.
Pua also questioned how Apandi had reached the conclusion that donations which he said came from the Arab donor, did not originate from 1MDB.
This, Pua said, was because MACC deputy director of operations Mohd Shukri Abdull had publicly stated that the RM2.6 billion probe was still incomplete as investigators needed to collect documents and statements from individuals from several overseas financial institutions.
As such, Pua said Apandi should not only pledge his full cooperation with the Swiss authorities but also review his decision to clear Najib and grant MACC’s request for mutual legal assistance in its own investigations.