1MDB received PAC letter two weeks after it was mailed

It’s the case of where was the Public Accounts Committee (PAC) letter for two weeks after it was mailed?

1Malaysia Development Bhd (1MDB) president and group chief executive Arul Kanda Kandasamy (pic) said 1MDB only received the letter sent by the PAC requesting the presence of the Arul and former CEO Datuk Shahrol Halmi on May 21.

According to Datuk Nur Jazlan Mohamed at a media conference on Monday, the letter was sent to MoF on May 6, giving notice of 20 days for Arul and Shahrol to appear before the PAC on May 26.

“Contrary to recent press reports and statements by certain individuals, we wish to clarify that it was only on May 21, 2015 that 1MDB received a letter from the Ministry of Finance, appending an invitation sent by the PAC,” said Arul in a statement.

Arul said 1MDB responded to the Ministry of Finance on 21 May, the same day the company received the invitation.

Arul said the date for his appearance was currently being finalised. He said the date proposed earlier was in conflict with previously scheduled overseas commitments.

“We once again reiterate our intention to extend our full cooperation to the PAC and both Arul Kanda and Datuk Shahrol Halmi look forward to appearing before the committee and having the opportunity to clarify 1MDB’s position.”