I concur with Zeti Akhtar Aziz that the public has the right to know what is going on at the 1 Malaysia Development Berhad, and that a full investigation must be carried out before all questions are answered.
Whether such a statement comes from Zeti, Muhyiddin Yassin or others, I believe the whole truth must be unveiled.
And since more 'crap' about 1MDB is being produced by the foreign media, notably the Wall Street Journal, we cannot just be seen as 'fending off' the government and whoever involved in it. Whether 1MDB is right or wrong, is not the issue. Clearing the air is!
Whether such a statement comes from Zeti, Muhyiddin Yassin or others, I believe the whole truth must be unveiled.
And since more 'crap' about 1MDB is being produced by the foreign media, notably the Wall Street Journal, we cannot just be seen as 'fending off' the government and whoever involved in it. Whether 1MDB is right or wrong, is not the issue. Clearing the air is!
The public has the right to know about the outcome of the probe into 1Malaysia Development Berhad (1MDB), said Bank Negara Malaysia (BNM) governor Tan Sri Zeti Akhtar Aziz.She said BNM’s role in the probe focused on the state-owned investment fund’s financial transactions and the findings had been handed over to the Attorney-General’s Chambers (AGC). “Right now, we know that the public wants answers to these questions, and they deserve to get the answers,” Zeti said at the Malaysia Economic Update 2015 dialogue in Kuala Lumpur today.She said the investigations, which were ongoing, would yield an outcome. BNM, she said, looked at contraventions to approvals that it provided specifically to 1MDB.
Declining to elaborate further, Zeti said BNM was still discussing the probe with the AGC.
She added that Malaysia must address the 1MDB issue before the value of the ringgit can recover and improve the economy.
Reuters quoted Zeti as saying the ringgit was Asia’s worst performing currency of the year so far.
However, she said the currency was expected to start recovering once issues surrounding 1MDB are resolved.
In a related development, 1MDB continues to trade exchanges with its fiercest critic Tony Pua, this time asking him not to be “a hypocrite”.
In a media statement, 1MDB slammed the DAP national publicity secretary for his silence on the possible leak of documents to a foreign publication.
“1MDB has raised valid questions based on concrete proof – the multiple arrogant admissions by The Wall Street Journal that it has reviewed documents which were part of the 1MDB investigation by the Public Accounts Committee (PAC), of which he (Pua) is a key member.“This flagrant breach of parliamentary procedure and the laws of Malaysia is shocking, to say the least,” it said.
1MDB urged Pua to “walk the talk” and demand an immediate and thorough investigation on this serious breach of PAC and parliamentary procedure.
It also called upon Pua to cease his “standard modus operandi” in recycling and reusing unproven and unsubstantiated allegations by WSJ against 1MDB.
“When answers are given, he (Pua) then ignores the facts, changes the topic, makes emotional statements and waits quietly for the next sensationalist and unproven allegation.
“Pua should avoid being a complete hypocrite,” it added.