Malaysia
Minister Low insists Putrajaya serious about uncovering truth on 1MDB
Minister in the Prime Ministers Department, Datuk Paul Low Seng Kuan during the handover of Integrity Report of Malaysia at Institute Integrity of Malaysia in Kuala Lumpur. u00e2u20acu2022 Picture by Yusof Mat Isa

KUALA LUMPUR, March 26 — Putrajaya was not using a federal audit to distract the public from the ongoing controversy over 1 Malaysia Development Bhd (1MDB), Minister in the Prime Minister’s Department Paul Low said today.

Instead, the minister insisted the government had ordered the Auditor-General to scrutinise the state-owned investor to investigate the allegations aimed at 1MDB.

“On 1MDB, the government is serious in getting to the truth,” he said, speaking to reporters at a press conference in Serdang today.

“This is not a way to distract...the public,” Low assured reporters.

Low said the Auditor-General was investigating the matter and will present his findings to the Public Accounts Committee, which Low described as bipartisan.

He also said the Inspector-General of the Police was assembling a special task force in collaboration with the Attorney-General’s Chambers and the Malaysian Anti-Corruption Committee to investigate 1MDB.

While Low said he had no direct responsibility for the task force, he said he is taking a special interest in it.

1MDB reportedly has RM42 billion in liabilities and previously missed deadlines to pay off interests on its debts.

The state-owned strategic investment firm is currently the subject of an investigation by the Auditor-General’s Department and in line for further scrutiny by Parliament’s Public Accounts Committee.

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