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Low: Money Stolen From Malaysian Government Must Be Recovered

in Latest/Slider

PETALING JAYA: Any money stolen from the Malaysian Government must be recovered in full, said Minister in the Prime Minister’s Department Datuk Paul Low.

“Those guilty must be punished in accordance with our laws and those of the countries where the money was laundered.

“The Government’s credibility and reputation are in question, and therefore appropriate action must be taken against the perpetrators of the crime,” said Low in his Governance Symposium 2016 keynote speech Thursday.

Low said he was referring to the recent actions taken by the US Justice Department based on civil complaints against certain individuals who are Malaysians.

“As these allegations make reference to 1Malaysia Development Bhd (1MDB), the Government takes the matter very seriously.

“The cases must be viewed on the facts and evidence that have been presented by the investigators.

“Should it be established that funds were taken out from 1MDB, the Government will take legal action against the individuals named, or anyone else who is complicit in the scheme to allegedly defraud 1MDB,” said Low.

He added that Malaysian law enforcement agencies and the Attorney-General must cooperate fully with all international agencies in the investigation.

“This is to allay negative perceptions and restore the trust and confidence of the people in the Government,” said Low.

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