PAC to call Najib, Jho Low to testify on 1MDB

PETALING JAYA: The Public Accounts Committee (PAC) will call 18 witnesses including former prime minister Najib Razak, fugitive businessman Low Taek Jho and former auditor-general Ambrin Buang to give their statements on 1MDB.

This comes a day after the bipartisan committee revealed that Najib and former Treasury secretary-general Mohd Irwan Serigar Abdullah would be called in next month to testify on the RM19.4 billion allegedly missing from goods and services tax (GST) refunds.

In a statement today, PAC chairman Ronald Kiandee said Low, better known as Jho Low, was a former adviser to 1MDB’s precursor, Terengganu Investment Authority Bhd (TIA).

As such, he said, the statements of both Jho Low and Najib were crucial to the investigation into the state-owned investment fund.

Jho Low is on the run from authorities in Malaysia and several other countries over 1MDB.

Kiandee also said PAC had drawn up 10 terms of reference to be used in the 1MDB probe, including two reports from the US Department of Justice published in 2016 and 2017.

A special briefing will be held with PricewaterhouseCoopers on Oct 9 to list down any updates from the auditor.