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Nazir Razak Skeptical Over 1MDB Annual Audit Delay

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PETALING JAYA: The delay of an audit for Government investment arm 1Malaysia Development Berhad’s (1MDB) financial year which ended in March this year is “perplexing” to CIMB chairman Nazir Tun Razak (pic).

“I am perplexed why your March 2015 audit has not even started? How is this allowed? Has standards of GLC governance dropped so low?” Nazir said in an Instagram post on Thursday night, accompanied by a graphic with the 1MDB logo.

On June 10, Public Accounts Committee (PAC) chairman Datuk Nur Jazlan Mohamed revealed that 1MDB’s financial year accounts, which ended in March this year, had yet to be audited.

Nazir, who is also the younger brother of Prime Minister Datuk Seri Najib Tun Razak, has been critical of 1MDB in the past, and had criticised 1MDB’s president and group executive director Arul Kanda Kandasamy as well as former CEO Datuk Shahrol Azral Ibrahim Halmi for not attending a PAC inquiry.

 

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