PAC wraps up briefing from Audit Department on 1MDB

PAC chairman Ronald Kiandee. (Bernama pic)

PETALING JAYA: The new Public Accounts Committee today wrapped up briefings by officers from the Audit Department on 1Malaysia Development Berhad (1MDB).

Today’s briefing, which started at 9am, was the second.

PAC chairman Ronald Kiandee, who was the former deputy Dewan Rakyat speaker, told FMT they viewed the declassified documents on the Auditor-General’s Report on 1MDB.

The report was declassified in May after Pakatan Harapan took over Putrajaya. The executive summary of the report is now available on the Audit Department’s website.

The 1MDB audit report was classified as a secret on Jan 22, 2016 and was presented to the previous PAC on March 4, 2016.

He said the briefings were the first stage for PAC members to understand the issue.

“Next, we will be calling PricewaterhouseCoopers (PwC Malaysia) for briefings,” he told FMT.

Last month, former PAC chairman Hasan Arifin denied altering the PAC report on the investigation into the 1MDB scandal.

The changes involved the alleged removal of sentences that raised doubt on the actual owner of Good Star Limited, said to have received US$1.03 billion directly from 1MDB.

Hasan had said it was not true that he had hidden from other PAC members a letter from Bank Negara Malaysia (BNM) to the PAC. The letter allegedly stated that Low Taek Jho was the sole beneficiary of the company.

The new PAC team is made up of 12 members, eight representatives from Pakatan Harapan, two from Barisan Nasional, and one each from PAS and Parti Pesaka Bumiputera Bersatu (PBB).

They are Wong Chen (PH-Subang), Willie Mongin (PH-Puncak Borneo), Muslimin Yahaya (PH-Sungai Besar), Hasanuddin Mohd Yunus (PH-Hulu Langat), Akmal Nasrullah Mohd Nasir (PH-Johor Baru), Wong Hon Wai (PH-Bukit Bendera), Steven Choong Shiau Yoon (PH-Tebrau), Wong Shu Qi (PH-Kluang), Ahmad Hamzah (BN-Jasin), Noraini Ahmad (BN-Parit Sulong), Takiyuddin Hassan (PAS-Kota Baru), and Robert Lawson Chuat (PBB-Betong).

The PAC is responsible for scrutinising the government’s finances and use of the money approved by Parliament for public expenditure.