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IGP To Head 1MDB Probe

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KUALA LUMPUR: The police have formed a team to investigate 1Malay­sia Development Bhd (1MDB) following the tabling of the Public Accounts Committee (PAC) report in Parliament.

Inspector-General of Police Tan Sri Khalid Abu Bakar said he would head the team, with other members comprising officers from the Commercial Criminal Investigation Department and the Criminal Investigation Department.

Khalid said he had received instructions from the Cabinet for the police to carry out an investigation.

“The police have re-started investigations by taking into account five recommendations from the PAC report and to look at all issues raised in the report,” he said at a press conference in conjunction with the blood donation programme for the 209th Police Day Memorial here yesterday.

The scope of investigation into 1MDB would be under Section 409 of the Penal Code and Section 420 of the same code if any element of breach of trust or fraud was found.

Khalid said several witnesses, including the former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi, would be called to assist in the investigation.

He added that he would find out if there were crimes committed, or whether there was merely breaching of corporate ethics under the Companies Act.

“Whatever the outcome, we will present it to the Attorney-General’s Chambers,” said Khalid.

The PAC last Thursday tabled the 106-page report of the 1MDB Governance Management Control at the Dewan Rakyat.

The committee, which consisted MPs from both side of the political divide, among others recommended that authorities investigate the former 1MDB chief executive and the parties linked to the management of the government-owned strategic investment company. — Bernama


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