Declassify 1MDB audit report, Mahathir orders

PETALING JAYA : Dr Mahathir Mohamad today revealed that he has ordered that the Auditor-General’s report into 1MDB be declassified.

“I’ve given instructions to the police to remove the restrictions from the OSA and they will submit the report to me and I will study it,” the prime minister said at a press conference after naming senior members of the new Cabinet. Newly-named home minister Muhyiddin Yassin and finance minister-elect Lim Guan Eng were present at the press conference.

The audit report was submitted to Parliament’s Public Accounts Committee after a severe political controversy about the finances and investments of 1MDB, which was then said to have suffered RM42 billion in losses. However it was classified under the Official Secrets Act in 2016 and MPs were only allowed to study the report but not to release details.

Several politicians, including PKR deputy president Mohamed Azmin Ali sought a court order for the release of the report, but the suit was dismissed by the High Court in January.

Mahathir said that former Bank Negara governor Zeti Akhtar Aziz would be part of a team to investigate 1MDB, which was set up as the federal government’s strategic investment arm. Zeti was also among four heads of government agencies who had investigated 1MDB in 2015.

“But if we need, we will get other people,” Mahathir said.

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