KUALA LUMPUR - Thorough investigation must be carried out before any arrests can be made in connection with allegations of financial impropriety by 1Malaysia Development Bhd.
Stating that the case had been classified as commercial crime, Inspector-General of Police Tan Sri Khalid Abu Bakar said as such, suspects would not be arrested before investigations had been completed.
"We investigate, then arrest," he said. "Let us do our work. If we find any wrongdoings, action will be taken," he told reporters at the Police Training Centre (Pulapol) in Jalan Semarak yesterday.
Khalid declined to comment further on the status of investigations, saying he was not the "official spokesman" for the probe that was being carried out by a task force led by Attorney-General Tan Sri Abdul Gani Patail.
In March, Abdul Gani set up the task force to conduct investigations into numerous claims of financial impropriety by 1MDB.
The task force comprised the Malaysian Anti-Corruption Commis-sion (MACC), the A-G's Chambers and the police.
"I confirm that they are investigating the allegations. If I give you the details, it might disrupt investigations," said Khalid.
In a related development, DAP national publicity chief Tony Pua said CEO Arul Kanda Kandasamy's explanation regarding 1MDB's RM42bil debt "is nothing new".
The disclosure, said the Petaling Jaya Utara MP, raised more questions instead of answers.
"The questions I've been asking, both in and out of Parliament, over the past two to three years included what exactly were these RM6.1bil of investment in Brazen Sky which was parked in Cayman Islands?
"Why is it that if all of Brazen Sky's investments have been 'redeemed', there's still no cash in the BSI Bank Singapore?" he said.
Pua said Arul should answer the questions Malaysians had on 1MDB truthfully so that the corporation can once again gain the trust and confidence of the people.