Dr M: Set up independent commission to probe 1MDB

Dr M: Set up independent commission to probe 1MDB

PETALING JAYA - Tun Dr Mahathir Mohamad has cast doubts on the Auditor-General's ongoing probe on the controversial 1Malaysia Development Berhad (1MDB).

He called instead for a commission to probe 1MDB with the Government having no hand in selecting its members.

"The Auditor-General can audit but it is not going to reveal much," he said in a posting on his blog chedet.cc yesterday.

1MDB has come under criticism by Dr Mahathir lately with the former premier of 22 years also demanding the resignation of Prime Minister Datuk Seri Najib Tun Razak over the fund.

"Wait. Wait until the Auditor-General reports. That can take years. Examining the accounts will reveal nothing," he said.

Najib had in March told the Auditor-General to independently audit 1MDB's accounts and forward its findings to the Public Accounts Committee.

1MDB, set up by the Federal Government in 2009 to drive strategic investments, has come under heavy criticism for accumulating debts of RM42bil (S$15.5bil) and is now facing cash flow problems.

"Asking people not to ask any questions until the Auditor-General reports is silly," said Dr Mahathir.

He also said Najib had not rebutted anything - whether it's regarding 1MDB, the Altantuya murder case or the purchase of a government executive jet.

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