Monday, July 31, 2017

Auditor-General and PAC Chairman's decision not to pursue 1MDB scandal proves that they are compromised and unfit to protect the interest of Malaysians

Malaysians are aghast, but perhaps not surprised, that both the new Auditor-General, Tan Sri Madinah Mohamad and the Public Accounts Committee Chairman, Datuk Seri Hasan Arifin have decided against pursuing the 1MDB investigations and audit further.

This is despite the fact that the United States Department of Justice (US DOJ) had over the past one year, revealed new explosive evidence and details of how the billions of dollars of 1MDB funds have been misappropriated, stolen and laundered all around the world.

Most incriminatingly, the US DOJ suits detailed how more than US$732 million (RM3.1 billion) flowed in and out of the Prime Minister’s personal bank account between 2011 and 2014.  The specific dates and amounts of funds transferred, as well as the respective banks involved are listed in Table A on below.

Even the most partial observers would have to concede that there is a prima facie case to investigate the flow of funds, to determine the veracity of the allegations contained in the US DOJ report.  The investigators in the United States did not pluck these transactions out of the sky, but have meticulously corroborated all evidence with all the international banks across the world from global banks like Standard Chartered Bank to private banks like Falcon Bank of Switzerland.

None of the above transactions were investigated or were made available to the previous Auditor-General Report by the then Auditor-General, Tan Sri Ambrin Buang as well as the Public Accounts Committee Report tabled in Parliament in April 2016.

The Auditor-General then had reprimanded 1MDB for refusing to hand over its foreign bank account statements and transaction verifications despite multiple requests.  However, even without the above, there was sufficient damning evidence of abuse and mismanagement within 1MDB for the PAC to table its critical report last year. 

Now, with the scale of new explosive details of the scandal surfacing since the April 2016 Report, any God-fearing and responsible Auditor-General or PAC Chairman would have demanded a re-opening of their investigations.

While the PAC had a meeting yesterday to receive the latest Auditor-General’s Report, there was no discussion of pursuing the 1MDB investigations.  Instead Dato’ Seri Hasan Arifin unilaterally told the media that the Committee will not re-open the case.

On the other hand, Tan Sri Madinah Mohamad merely added her department would do so only if it receives instructions from the Cabinet.  Such instruction would never come of course, given the blatant conflict of interests involved with the Finance and Prime Minister, Dato’ Seri Najib Razak directly implicated in the massive scandal.

Their refusal to pursue the investigations only serves to entrench the rakyat’s perception that they are stooges installed by Dato’ Seri Najib Razak to protect the latter from the outrageous scandal.  After all, it has been exposed previously that Tan Sri Madinah is or was an UMNO Kepong Division member where her husband is the Division Chairman, Datuk Rizuan Abdul Hamid had openly expressed his willingness to “die for Najib”.  On the other hand, Dato’ Seri Hasan Arifin was installed as the PAC Chairman after the previous Chairman, Datuk Nur Jazlan was “promoted” to become a Deputy Minister.  Dato’ Seri Hasan had in his own words, rejected the need to summon Dato’ Seri Najib to the PAC because he has to “cari makan”.

These top officials have betrayed the interest of the rakyat and are traitors to their race, religion and nation.  If they have any iota of honour left in them, they should resign from their positions and let others who have the interest of Malaysians at heart take over these posts.

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