Monday, April 4, 2016
1MDB: Tony Pua is a ‘one trick pony’
1MDB said in a statement on Monday that a US$1.4 (RM5.4)bil payment to Aabar was described in “clear and transparent terms” in its financial statements in 2013 and 2014.
It said for all major payments made by the company, 1MDB has provided detailed explanations along with supporting documentary evidence to the Auditor General's Department.
It added that it thoroughly explained all its major transactions at the recent Public Accounts Committee (PAC) proceedings.
“Sadly though, true to form, YB Tony Pua is a one trick pony, who can only recycle old and stale allegations,” 1MDB said.
1MDB added Pua, who is a PAC member, not only has the requisite information but had the opportunity to ask for more information during the proceedings.
“YB Tony Pua, therefore, clearly has selective amnesia at best, or at worst, is once again up to his old tricks, to recycle allegations, ask questions to which he already knows the answers to and seek to confuse and mislead the public,” 1MDB said.
Pua had said that if 1MDB fails to provide clarity on the nature and ownership of Aabar (BVI) with the necessary and appropriate documents, any denials it made about the company not being an “intermediary” would have zero credibility.
This was in response to a 1MDB statement denying any involvement in providing funds for the Hollywood hit 'The Wolf of Wall Street.'