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1MDB Respects PAC’s Authority

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1MDB respects the Public Accounts Committee (PAC) as the lawful authority and the appropriate forum for questions on 1MDB to be asked and answered.

We have confidence that the bi-partisan committee presents a fair opportunity for 1MDB to explain the company’s position, to a lawful authority, per the requirements of due process.

Today, we received, through the Ministry of Finance, an official notification from the Setiausaha Dewan Rakyat/Setiausaha Jawatankuasa Kira-Kira Wang Negara that the PAC hearing scheduled on 4, 5, 6, 17 and 18 Aug 2015 as well as 8 and 10 Sept 2015 have been postponed to a date to be determined later.

We once again reiterate our intention to extend our full cooperation to the PAC and look forward to appearing before the committee on the new dates.


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