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Audit Of 1MDB To Be Completed By Year End, Says Ambrin Buang

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KUALA LUMPUR – The National Audit Department is confident that it can complete probing the accounts of 1Malaysia Development Bhd by year end.

Auditor-General Tan Sri Ambrin Buang said the department had finished half of the work ordered by the government early this year.

He was speaking to reporters after presenting a preliminary report on 1MDB to the Public Accounts Committee at Parliament House here today.

“There are a lot of documents (for us to scrutinise), some have been received, and some not. We are still waiting for certain documents from 1MDB,” Ambrin said.

He said the 1MDB should be given some time to submit the documents.

“We have not finished our work yet and are in contact with them,” Ambrin added.

He said that his department was meanwhile studying such matters as the PetroSaudi deal, Tun Razak Exchange development and land transaction in Penang.

On March 4, Prime Minister Datuk Seri Najib Tun Razak instructed the Auditor-General to independently verify 1MDB’s accounts.

A statement from the Prime Minister’s Office said the AG’s report would be passed for transparent inspection to the Public Accounts Committee, which is fully bipartisan and reflects Parliament’s composition.

“If any wrongdoing is proven, the law will be enforced without exception,” Najib said in the statement.

– BERNAMA

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