The Edge stands by its 1MDB articles, says CEO

The Edge stands by its 1MDB articles, says CEO
Publisher and CEO of the Edge Media Group Ho Kay Tat at the Dang Wangi Police Station in April.
PHOTO: The Star/Asia News Network

PETALING JAYA - The Edge has confirmed receiving a show-cause letter from the Home Ministry over its reports on government investment arm 1Malaysia Development Berhad (1MDB).

The Publisher and CEO of the Edge Media Group Ho Kay Tat said the company was given seven days to provide a written explanation as to why action should not be taken against The Edge Malaysia and The Edge Financial Daily under the Printing Presses and Publication Act 1984.

"We are accused of publishing articles on 1Malaysia Development Bhd (1MDB) that have created confusion and doubts about the government and our financial institutions. We are also accused of relying on an Internet portal for our articles," he said in a statement posted on the Malaysian Insider on Wednesday night.

"The Edge believes our articles to be truthful. To date, not a single party that we have mentioned in the articles has taken legal action against us.

"As we have stated previously, we stand by the articles we have published and we intend to show it," said Ho.

Ho said the letter did not specify the articles and that in the last six months, they had published over 300 articles on 1MDB from various sources - Bernama, Bloomberg, Reuters, Business Times, Euromoney - alongside their own reporting from the media channels in The Edge Media Group.

"We will be compiling them to help any investigation into our alleged offences. We base our articles on carefully evaluated evidence," said Ho.

Last Wednesday Home Minister Datuk Seri Dr Ahmad Zahid Hamidi said that The Edge Media Group owner Datuk Tong Kooi Ong should be held responsible for "inaccurate reports" on 1MDB.

"The Edge and its owner Tong Kooi Ong must be held responsible for publishing inaccurate reports and false information. The Edge should have verified the facts before publishing the articles," Zahid was quoted as saying.

Ho said they had asked ministry for an extension of the seven days for them to reply in detail and that the ministry must clarify which articles were wrong and created confusion about the government.

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