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Tony Pua Recycling Allegations, Says Arul Kanda

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KUALA LUMPUR: Allegations against 1Malaysia Development Bhd (1MDB) by Member of Parliament Tony Pua are recycled, its President and Executive Director Arul Kanda said.

“We note that YB Tony Pua has yet again recycled various allegations, which have in fact been answered by 1MDB since January 2015 via 48 press announcements that can be easily obtained on our website,” he said.

In addition, he said, the Auditor-General has presented an interim report answering many of the questions raised, in early July to the Public Accounts Committee (PAC), of which Tony Pua is a member, and has committed to issuing a final report by the end of 2015.

Pua is no doubt aware that 1MDB is the most investigated company in Malaysia, said Arul Kanda.

“We have shared, and will continue to share, all relevant information to the lawful investigating authorities such as the Auditor-General, Attorney-General, Bank Negara Malaysia, PDRM (The Royal Malaysian Police), MACC (Malaysian Anti-Corruption Agency) and the PAC,” said Arul Kanda in a statement here today.

He said these independent, thorough and professional investigations are the appropriate forum to determine the truth about 1MDB.

A trial by certain media or by certain opposition politicians, outside of due process and the requirements of the law, will not benefit anyone, he said, adding 1MDB is very much focused on the implementation of its rationalisation plan, which is going full steam ahead despite Pua’s recycled allegations.

“We are committed to stabilising the company, meeting our debt obligations and delivering strategic projects of national importance: Tun Razak Exchange, Bandar Malaysia and Edra Energy Bhd,” he said.–BERNAMA



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