Auditor-General's final report on 1MDB likely due in February

Auditor-General's final report on 1MDB likely due in February

KUALA LUMPUR - The Auditor-General's final report on 1Malaysia Development Berhad (1MDB) is expected to be presented to the PAC only in February.

PAC member Tony Pua, who disclosed this, added that auditors were still waiting for 1MDB to hand over several documents, which it had pledged to do but has not done so yet.

He said the PAC had been told that while the Auditor-General had received some new documents from 1MDB, there were still papers which had yet to be submitted.

"Because of that, the final report of the Auditor-General to the PAC is still not ready and we were told that it is expected to be ready in about February.

"Whether or not it happens, we will have to wait and see," Pua told reporters after a closed-door PAC meeting chaired by Datuk Hasan Ariffin in Parliament yesterday.

1MDB president and CEO Arul Kanda Kandsamy was questioned for about three hours.

The final report was earlier scheduled to be presented to the PAC last Thursday.

Pua said the PAC managed to query Arul on all issues and would not be calling him in again.

"He answered some of our questions and evaded others but that is his right," Pua said.

"Some of the things we wanted to find out happened before he became CEO, so much of it was him explaining 1MDB's future plans."

Another PAC member, William Leong, said yesterday's PAC session was mainly to find out how 1MDB planned to settle its debts.

The meeting also decided to summon 1MDB chairman Tan Sri Lodin Wok Kamaruddin and former chairman Tan Sri Mohd Bakke Salleh on Jan 19 and 20 respectively.

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