KUALA LUMPUR: Tan Sri Muhyiddin Yassin should have gathered more information on 1Malaysia Development Bhd (1MDB) while he was still the deputy prime minister, said Prime Minister Datuk Seri Najib Tun Razak (pic).
The Prime Minister stressed that Muhyiddin and Cabinet members had also been briefed about 1MDB.
“As the deputy prime minister then, he had the right to call the management of 1MDB to seek further clarification,” said the Prime Minister in an interview with TV3 in conjunction with the Umno general assembly.
The video of the interview has been uploaded on the website www.newsplus.my/live-tv.
The Prime Minister said Muhyiddin had also discussed the matter with him and he had given an explanation to him.
“There is no real excuse not to get information. Everything about the 1MDB can be known,” said Najib, the Umno president, when asked if Muhyiddin had not receive the full details about the 1MDB.
Najib, who is also Finance Minister, said several information sessions had been held and are being held by 1MDB chief executive officer Arul Kanda Kandasamy.
The Prime Minister said while it was true that the 1MDB had debts, its assets were more than the debts.
“We have a rationalisation plan, and this situation would not have happened if we had launched the initial public issue in November 2014.
“When the sentiments are too negative and the issue politicised, the atmosphere at that time did not encourage the investors’ confidence to buy shares in the 1MDB,” he said.
“Give us time to prove that the 1MDB can be resolved. The Cabinet has agreed and I have made an announcement and we are in the process of resolving the 1MDB problem.” – Bernama