Most Read
Most Commented
Declassify 1MDB audit instead of doing promo work in London, PM told
Published:  May 15, 2016 1:17 PM
Updated: 3:00 PM

Prime Minister Najib Abdul Razak's decision to attend an event in London to promote Malaysia, instead of facing a corruption scandal linked to him at home shows misplaced priorities, PKR vice-president Nurul Izzah Anwar said.

Najib will launch the Malaysia-UK Investor Showcase Agenda at the British capital tomorrow and but will not attend London's Anti-Corruption Summit on May 12, missing also first few days of parliamentary proceedings which start tomorrow.

Nurul Izzah said it is pointless for Najib to be marketing Malaysia as an investment destination, if he cannot show Malaysia is corruption-free.

"Efforts to attract investments into the Malaysian economy rings hollow and fruitless, if the money is at risk of becoming possibly missappropriated for the private gain of a select few at the expense of Malaysians - if the ongoing fiasco of 1MDB scandal is any guide," she said in a statement.

To show political will against corruption, she said, Najib can start by declassifying the auditor-general's report on 1MDB, and to instruct the auditor-general to conduct a fresh probe.

This is in light of claims by 1MDB that it has been defrauded to pay RM3.5 billion to a British Virgin Island-registered firm which has no links with the International Petroleum Investment Corportation.

IPIC had guaranteed 1MDB's bonds, for a fee which it says 1MDB never paid. The funds were allegedly deposited to an unrelated BVI firm, resulting in a dispute and 1MDB defaulting on interest payments on its bonds. 

Public Accounts Committee chairperson Hasan Arifin earlier said the audit report will be declassified after the PAC's report on its probe on 1MDB is tabled in Parliament.

The PAC report was tabled in Parliament last month.

Najib will also miss the hearing of his defamation suit against DAP MP Nga Kor Ming, which is set to go to trial tomorrow after he failed to obtain a summary judgement against Nga.

Najib and his wife Rosmah Mansor are suing Nga for allegedly saying that Rosmah attended a cabinet meeting, in a social media posting.

Related stories

Why hasn't Najib returned SRC's RM69m to gov't?

Mahathir, citizens won't sign declaration just to save BN

View Comments