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Nazir Razak Raises Concern Over 1MDB Adviser’s Resignation

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KUALA PUMPUR – The resignation of 1Malaysia Development Berhad (1MDB) adviser Tan Sri Dr Abdul Samad Alias has raised the concern of Datuk Seri Nazir Razak.

“Respected, honest, professional appointed by the Govt and welcomed by the Chairman with fanfare.

“But denied access to information by management. If this is true and tolerated, what message does it send to other GLC’s/agencies?” asked the CIMB Group chairman in his Instagram account, Tuesday.

Dr Abdul Samad had reportedly said he resigned as the advisory board member of 1MDB after more than six months into the job.

Addressing the International Conference on Governance, Risk and Control on Monday, he said he quit his position because months of repeated requests for a briefing on 1MDB affairs were never entertained.

“I was appointed as an advisory panel member for 1MDB on January 2015,” he was quoted as saying by a news portal.

He then requested for a briefing on 1MDB’s affairs, particularly on its profits and losses, which he claimed he never was given the access to.

He said he tendered his resignation on July 29.

1MDB, in a statement Monday, said it fully respected Dr Abdul Samad’s decision.

“Whilst we very much regret his departure, we fully respect his decision and wish him all the best in his future endeavours,” the statement said.

It added that the 1MDB board of directors and shareholders would remain focused on implementation of its rationalisation plan. – The Star


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