Puzzling delay of PAC letter to 1MDB

PETALING JAYA: 1Malaysia Development Bhd (1MDB) revealed it only received the letter from the Public Accounts Committee (PAC) asking its current and former top executives to attend an inquiry into the affairs of 1MDB more than two weeks after it was mailed to the Finance Ministry (MOF).

The letter by the PAC was mailed to the MOF on May 6 and asked for 1MDB president and group executive director Arul Kanda Kandasamy (left) and former CEO Datuk Shahrol Halmi (right) to attend the PAC inquiry on May 26. Arul and Shahrol on Monday said they could not attend as they were away on official business and have asked for a 30-day extension before appearing in front of the PAC.