Its chairman Datuk Nur Jazlan Mohamed said among the challenges faced by the auditor-general in probing 1MDB, was that the company was not forthcoming in furnishing with the necessary documents, including bank statements and agreements pertaining to its investments.
“There were hindrances faced by the auditor-general during the three-month probe into the state-owned fund when 1MDB was not forthcoming in revealing some of the crucial documents needed for the investigation,” he said in a press conference after Auditor-General Tan Sri Ambrin Buang presented a 70-page interim report to PAC.
Nur Jazlan said he hoped 1MDB officials would furnish the requested documents in due time to ensure investigations could be completed by the end of the year.
PAC, he said, would question the fund’s past and present chief executives and directors next month.
“We (PAC) are satisfied with the scope of the investigation carried out by the National Audit Department. However, it's too early to comment if there are any wrongdoings.”
The meeting is expected to continue until 4pm today.
Asked on The Wall Street Journal (WSJ) reports on 1MDB, Nur Jazlan said: “WSJ revelations are under the purview of the special taskforce, comprising the attorney-general, police, Bank Negara and the Malaysian Anti-Corruption Commission. PAC will not impede in their investigations.”
He noted that the scope and methodology used in the 1MDB audit includes analysis into its financial statements and investments including PetroSaudi International Ltd.
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