Malaysia Dateline

Lim Kit Siang has continued to keep the pressure on the Najib administration over the 1MDB

Cops confused about PAC ‘recommendations’ on 1MDB, says Kit Siang

DAP’s Lim Kit Siang has continued to keep the pressure on the Najib administration over the 1MDB affair, saying he was surprised to learn about the “five recommendations” from the Public Accounts Committee as stated by police yesterday.

“I never knew that the PAC had made five recommendations for police investigation, let alone the Cabinet decision to restrict police investigation to the alleged five PAC recommendations,” said the Gelang Patah MP in a statement.

Inspector-General of Police Tan Sri Khalid Abu Bakar said yesterday that the police were waiting for further orders from the Attorney-General’s Chambers (AGC) regarding the matter, and estimated the instructions to be issued in a week or two.

But Lim said as far as he knew, there were no five recommendations on investigating the company further.

“The PAC Report only made one specific recommendation for police investigation, that 1MDB’s former Chief Executive Officer Datuk Shahrol Azral Ibrahim Halmi must bear responsibility for the 1MDB management constraints and weaknesses and that he and others in the management should be investigated,” said Kit Siang.

Instead, Lim said the only recommendations by PAC were about lessons learnt, such as good governance, avoiding debt, responsibilities of the directors, the abolishment of the Advisory Board and the administration of subsidiary companies.

“Have the Cabinet and IGP misunderstood the PAC Report on 1MDB as to cause the Cabinet to restrict police investigation to five non-existing recommendations to the police?” asked Lim.

He said the police should instead make use of the findings of the US Department of Justice (DOJ) on the embezzlement of funds from 1MDB, including getting to the bottom of the “Malaysian Official 1” named in the 130-page document.

“Will the police investigate as to who is ‘MALAYSIAN OFFICIAL 1’ in the DOJ filings?”

On July 20, US investigators revealed that some US$3.5 billion was misappropriated from 1MDB, and named top Malaysian officials involved in the illegal syphoning of money out of the state fund.

The DOJ also named the stepson of Datuk Seri Najib Razak, Riza Aziz, for using more than RM250 million of 1MDB funds to finance the production of the movie “Wolf of Wall Street” starring Leonardo diCaprio.

Najib himself was not named, although the document merely cited “Malaysian Official 1”, mentioned 36 times.