NEWS

Much more to 1MDB than finance minister's one-sided narrative

Lokman Noor Adam

Published
Modified 30 May 2018, 5:30 am

COMMENT | I refer to a press statement dated May 27, 2018 by the Finance Minister Lim Guan Eng.

In his attempt to assign blame on Najib Abdul Razak for 1MDB, he has, once again, only shared half the story.

In March 2015, barely a month or so after certain allegations were made relating to past 1MDB transactions, the cabinet, under the leadership of Najib, requested the auditor-general's department to conduct a special audit on 1MDB and to present its findings to the bi-partisan Public Accounts Committee (PAC).

In July 2015, the police conducted a raid on 1MDB premises and seized substantially all company documents. The PDRM investigations are still ongoing...

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