Friday 22 May 2015

'Documents will be manipulated if 1MDB board of directors are not sacked' - Khairuddin

1MDB Boards of directors should be removed at once, says Khairuddin.

KUALA LUMPUR: All documents pertaining to national strategic investment company, 1Malaysia Development Berhad (1MDB) will be manipulated if their board of directors are not suspended immediately.

Former Batu Kawan UMNO vice-president, Datuk Seri Khairuddin Abu Hassan said, the investigation proceeding by Public Accounts Committee (PAC) will be disrupted if the individual is still a member of the board of directors.

”I agree with the Deputy Prime Minister, Tan Sri Muhyiddin Yassin ... all 1MDB board directors should resign at once.

“After I lodged a police report on 1MDB board of directors on December 12 last year, I have suggested that all members of board directors to resign or at least be suspended immediately.

"This is important to ensure an independent and impartial investigation, as well as to be certain that all documents in 1MDB are maintained and untouchable,” he told Astro AWANI recently.

Khairuddin made the comment based on Muhyiddin’s statement, who confirmed he had told Prime Minister, Datuk Seri Najib Tun Razak to remove all 1MDB board of directors.

Muhyiddin said that when commenting on the video during closed-door meeting with UMNO member which was disseminated by a blog, recently.

“I agree with DPM Muhyiddin ... all 1MDB board directors should resign at once
” - Khairuddin

Meanwhile, Khairuddin also expressed his concern on imminent effect that will be faced by the government if ‎ 1MDB board of directors remain in their posts.

"If all the boards of directors and 1MDB’s administrators remain there, they will have the chance to manipulate any important documents that could be commissioned as evidence later.

"I don’t understand this situation. Najib, as the first Finance Minister and adviser of the board advisory at 1MDB should’ve asked them to resign or at least have them suspended.

"This is important to ensure a seamless independent investigation can be done without any influence from the old staff," he explained.

On Thursday, Finance Minister II Datuk Seri Ahmad Husni Hanadzlah said Putrajaya made a mistake on interpreting 1MDB investment balance which is run by Cayman Monetary Authority totaled at US$1.103 billion.

- Source: Astro Awani 

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