Rulers Council urged to intervene over 1MDB affair


KUALA LUMPUR: The Council of Rulers was today urged to intervene in the 1Malaysia Development Bhd affair and “save the nation”.

As a first step, Parti Amanah Negara Strategy Director Dr Dzulkefly Ahmad said, the Council of Rulers must insist that the Auditor-General’s Report to Parliament, placed under the Official Secrets Act, be declassified.

This was necessary in view of the latest revelations by the Sarawak Report regarding the “absolutely astounding” contents of the Auditor-General’s Report.

He said declassifying the report would help verify the authenticity of the Sarawak Report “and many other intriguing issues unaddressed by the recent Public Accounts Committee Report”.

He said details in the purported ‘expose’ by Sarawak Report, “depicted chaos, contradiction and confusion about the many transactions”. It also revealed the professional comments of the AG about the 1MDB scandal.

“These will now require immediate verification,” he added.

Dzulkefly called the Sarawak Report revelations the “most damning expose’ ever”.

He said the Malaysian Finance Ministry and its wholly owned sovereign wealth fund 1MDB will have to settle its USD$6.5 billion commitment with International Petroleum Investment Company (IPIC) at the London Court for International Arbitration (LCIA) by July 11.

The deadline was fixed by LCIA following filing of the case by IPIC and its subsidiary Aabar Investments PJS on June 13, 2016.

“Since the matter has come to this, the people now implore the Council of Rulers to invoke whatever ‘reserve-power-that-be’ to immediately intervene and save the nation.

“Any hesitation or pussy-footing on the part of the ‘supreme institution of the country’ (as termed by the National Library) to act and intercede, would further exacerbate the imbroglio and place the people in real limbo,” Dzulkefly said.