DAP lawmaker Tony Pua has taken to Facebook to punch holes in 1MDB president and executive director Arul Kanda’s explanation to Universiti Malaya students last night.

Among them was Arul's claim that auditing firm Deloitte was forced to withdraw as it could not complete its audit of 1MDB's accounts ending March 2015 due to missing documents confiscated by the authorities.

"As highlighted during the Public Accounts Committee (PAC) meetings, these documents can be accessed by making a request to the authorities. But 1MDB made no such attempt because it was a convenient excuse.

"Also, some documents like bank statements can be reproduced by the respective banks, but 1MDB still refused to give them to either the PAC, auditor-general or Deloitte. Why?" asked Pua.

The Petaling Jaya Utara MP also accused Arul of "hiding facts" when he did not mention to the students that Deloitte had disowned its audits of 1MDB for 2013 and 2014.

"Why did Deloitte disown them? Simply because Deloitte realised belatedly they have been led stupidly on a jolly-merry-go-round with fake documents and tall tales by the 1MDB management.

"And this is what the students meant by there's no one present at the talk yesterday to check Arul's 'facts'," said Pua in support of criticism by student groups about "brainwashing" by 1MDB.

‘Blatant lie’ about energy arm

Pua also criticised Arul's claim that 1MDB's energy arm Edra Global Energy Bhd suffered no losses.

"This one isn't 'hiding facts'. This is a blatant lie. Edra assets were acquired for RM12.1 billion and sold for RM9.83 billion.

"Arul said the sale wasn't a loss because the power assets paid dividends to 1MDB for two to three years.

"Check the Companies Commission of Malaysia audited accounts for the power subsidiaries. No dividends were declared to 1MDB. Not a sen," he added.

Pua said even if Arul's claim that Edra paid RM2 billion in dividends to 1MDB was true, he failed to mention that the subsidiary assets were acquired through loans costing more than RM1 billion a year in interest.

"Hence even if dividends were taken into account, they couldn't even pay the interest of the loans i.e. the losses would be greater.

"Arul admitted as much during the PAC meeting but again he tried to hoodwink students and Malaysians in this one-sided affair," he added.

The DAP leader described the UM talk last night, including Arul's insistence that he was not out to brainwash students, as "hogwash".

Pua argued that if students were allowed to “make up their minds” on the 1MDB imbroglio, he too should have been invited to “present the facts”.

“Surely, if I'm wrong with my ‘facts’, Arul can slam dunk and humiliate me in front of all these bright Malaysian students? No?” he asked.

The UM talk was part of the "Jelajah Kampus" roadshow organised by the Department of Special Affairs (Jasa) at different campuses.