Wednesday, July 15, 2015

1MDB Interim Report Will Silence Dato' Husni Hanadzlah's Lies

Second Finance Minister, Dato’ Seri Ahmad Husni Hanadzlah blatantly lied that the preliminary report by the Auditor-General “has found no evidence of wrong doing” against 1Malaysia Development Bhd (1MDB)

As a member of the Public Accounts Committee (PAC), we have been asked by the Auditor-General (AG) to embargo the findings and information provided in the Interim Report on 1MDB. The members of PAC hence refrained from making comments to respect the wishes of the AG while awaiting the completion of the full report.

However, I read with complete shock that the Second Finance Minister, Dato’ Seri Ahmad Husni Hanadzlah issued a statement yesterday that “the Auditor-General investigating 1MDB’s activities has found no evidence of wrong doing”.

Why did the Minister have the special privilege of publicly commenting and concluding on the Interim Report when the PAC members were told to keep our mouths shut?

What is worse however, is the fact that the Minister blatantly lied about the findings in the Auditor-General’s Report. While I will continue to refrain from referring to the specifics of the Interim Report, any normal person reading the report will be stunned by the sheer number and scale of infractions and transgressions committed by 1MDB and its officers cited in the report.

Hence it boggles the mind as to why Dato’ Seri Husni Hanadzlah saw it fit as to make the unilateral announcement that the AG “found no evidence of wrong doing” to create the false impression that 1MDB has been cleared of all its alleged shenanigans.

The Second Finance Minister even took the trouble to point out that the “transfer of USD700 million to certain individual does not arise”. However, we don’t know if Dato’ Seri Husni was referring Dato’ Seri Najib Razak or Low Taek Jow as he who must not be named.

Regardless of who the Minister was referring to, the AG never cleared the “transfer of USD700 million” in the Interim Report. On the contrary, the USD700 million transaction raises many questions which the National Audit Department said it needed to investigate further before making its final conclusions.

Therefore, while the Minister had hoped that “all the baseless allegations will be put to rest”, the reverse holds greater truth. I have been very encouraged by the efforts which were made by the National Audit Department to discover the truth, despite the lack of cooperation given by 1MDB.

If the Minister still believes he is right and justified, I would echo the call made by the DAP Parliamentary Leader, Lim Kit Siang, for the Interim Report to be made public for all to judge.

At the end of the day, after reading the Interim Report, I am now convinced that all the lies, denials, mismanagement and misappropriations by 1MDB and all who are involved in the decision-making process will be duly proven and exposed.

Tony Pua

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