No misuse in 1MDB administration and accounts, claims Najib

PARLIAMENT There is no misappropriation in 1MDB's accounts and administration, Prime Minister Najib Abdul Razak told Parliament, quoting the Public Accounts Committee (PAC).

Nor are the accounts and administration disorganised, Najib said in a parliamentary written reply."PAC has claimed that there is no misappropriation in 1MDB's accounts and administration, nor was it disorganised," he said.

"There was only weakness in the administration of the company," Najib told Mahfuz Omar (Pokok Sena).

Mahfuz asked what actions had been taken by the management after the 1MDB report by PAC was tabled in Parliament.

"The inspector-general of police has said the police will study the PAC's proposal (to determine) if there is any element that requires further investigation and action," Najib added.
 

[More to follow]

-Mkini