Tuesday, October 13, 2015

1MDB: Take action, Tony Pua

1Malaysia Development Berhad has called upon DAP lawmaker Tony Pua “not continue to mislead the public on matters outside his competency”.

The Government investment arm was referring to a statement by the Petaling Jaya Utara MP on Tuesday morning, where they criticised Pua being “an instant expert on certain technical matters”.

“It is important to highlight Bank Negara Malaysia (BNM) clearly stated ‘... the Bank concluded that permissions required under the ECA for 1MDB’s investments abroad were obtained based on inaccurate or without complete disclosure of material information relevant to the Bank’s assessment of 1MDB’s applications’,” said 1MDB in a statement on the same day.

They added that the above findings are “very different’ from the “unproven allegations” of fraud, embezzlement, theft, money laundering and more made against 1MDB by Pua, Clare Rewcastle-Brown, Tun Dr Mahathir Mohamed, Tan Sri Muhyiddin Yassin, Datuk Seri Shafie Apdal and others.

“Accordingly, the Attorney-General’s Chambers, having reviewed the investigation papers and recommendations of Bank Negara Malaysia (BNM), has determined that no further action is to be taken,” they added.

Bank Negara has clearly stated that under the Federal Constitution, the decision to initiate criminal prosecution lies solely with the Attorney-General.

“We suggest that YB Tony Pua focus his attention on matters on which he has taken a "tidak apa" (lackadaisical) attitude, e.g. did he know that Clare Rewcastle-Brown was involved in the sale of stolen goods, based on the following quote attributed to her (which neither Clare nor Tony has denied) – “I have told Tony that if he doesn’t pay up then he will be seen to have been dealing with me as you (Justo) are threatening to publish (make public the deal),” said 1MDB.

They also suggested that Pua begin an enquiry as to how confidential Bank Negara investigation documents ended up in the possession of online portal, the Sarawak Report.

“...Or how confidential Public Accounts Committee (PAC) documents such as the Auditor-General interim report ended up with the foreign news publication, the Wall Street Journal.

“We trust YB Tony Pua will take all necessary actions to, at the very least, preserve the now questionable integrity of the PAC process,” they added.

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