PETALING JAYA - MCA Youth has urged 1MDB to reveal details of its transactions in the wake of The Wall Street Journal's allegations against the Prime Minister instead of rebutting with mere denials.
Its chief Senator Chong Sin Woon said detailed information was needed to alleviate public concern as the WSJ report had gone viral.
"Information contained in the WSJ article is indeed very serious.
"When a world-renowned international publication releases such details in its reporting, 1MDB should not just release a simple one-off statement denying the allegations," he said.
He said denials would only fuel media hype and speculation, and not stop rumours from spreading as the WSJ report had been picked up by international news agencies.
Chong said 1MDB should clear the air immediately so as not to jeopardise the reputation of Datuk Seri Najib Tun Razak.
He said in spite of the positive Fitch rating, the WSJ's negative report had tarnished Malaysia's image, its finance system and regulatory bodies.
Reiterating his call to reveal details of all deals and transactions, Chong urged the people to wait for the authorities to complete investigations.
"Providing detailed information and clarification is better for damage control and alleviate rumblings on the ground," he said.
Chong also called on WSJ to show evidence to justify its "scandalous accusation".
He said WSJ should practise ethical journalism and show the evidence behind its report.
He also asked if the journal was aware of police investigations into Swiss national Xavier Andre Justo's alleged involvement in the tampering of evidence related to the 1MDB controversy.
"Otherwise, this report is no different than any other articles in tabloids that are bent on sensationalism," he said.
WHAT THEY SAY
Umno Youth Khairy Jamaluddin Allegations by WSJ is not acceptable because it is not substantiated with concrete evidence.
WSJ report that USD700mil was credited to Najib's accounts was based on the questionable Sarawak Report.
Anyone can make accusations and disclosures, but if there is no concrete evidence, we cannot accept such disclosures.
PJ Utara MP Tony Pua The Prime Minister's Office now claims political sabotage but its carefully worded statement never denied that the US$700mil (S$940 million) went into his personal account?
If it's not true, why beat about the bush? Why not just deny outright that it never existed and was never deposited?
Kota Belud MP Datuk Abdul Rahman Dahlan Wall Street Journal would have sunk to the level of gutter journalism if it failed to show evidence to back its story implicating the Malaysian premier.
It is unbecoming of WSJ to publish such a scandalous and defamatory piece without providing hard evidence.
By quoting an unnamed investigator as a basis of a very defamatory report, WSJ has sunk to the level of gutter journalism … like the Sarawak Report.
Penang Chief Minister and DAP secretary-general Lim Guan Eng Najib must resign if he cannot explain the allegations in WSJ.
Transparency International Malaysia head Datuk Akhbar Satar Let the authorities investigate. Let's not jump to conclusion on mere speculation.
Former prime minister Tun Dr Mahathir Mohamad The Inland Revenue Board must carry out tax audit on Najib, 1MDB executives and businessman Low Taek Jho.
I believe executives of 1MDB and its subsidiaries are paid high salaries. Have they paid taxes on their earnings?
Pokok Sena MP Datuk Mahfuz Omar Najib must sue WSJ if the allegations are false.