Friday, April 10, 2015

Najib: Auditor-General ordered to verify if 1MDB funds used for film

The Auditor-General has been instructed to verify whether funds from the Government's 1 Malaysia Development Bhd (1MDB) investment arm were used to make a movie, said Prime Minister Datuk Seri Najib Tun Raza (pic).

"I want to know this. This is among the matters that must be determined in the Auditor-General's Report and then verified by the Public Accounts Committee," said Najib in a televised interview on Thursday night.

He added that he wanted the people to know this because he had given the rakyat a guarantee that he would not defend anyone who had abused their power with regard to 1MDB funds.

Asked why he had mentioned the allegations that money from 1MDB had been siphoned off to shoot the film, Najib said he had raised the issue because he wanted to respond to those allegations.

"I do not wish to defend anything because it involves my family, I want the Auditor-General to verify the truth of this matter," said Najib.

To questions about the restructuring of 1MDB, Najib said that he hoped the restructuring would create a more transparent 1MDB so that the rakyat could get a better picture of the investment arm.
"With the restructuring of 1MDB, I hope this is so. We need a little time, but the plan is ready and is in the execution stages," he said.

1 comment:

Anonymous said...

of course there will be none. Audit is different than investigation. Audit just verify that all in and out, debit and credit is balanced, recorded and traceable. All these can be manipulated. Audit will show it clean.
Investigation will follow the trace and verify the traces and beyond. That's why everyone dares just talked about audit, not investigation. Boo..