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Published: Thursday October 24, 2013 MYT 7:29:00 PM
Updated: Thursday October 24, 2013 MYT 9:46:55 PM

Khazanah demands apology, retraction from news portal

PETALING JAYA: Malaysian government investment arm Khazanah Nasional has demanded for an apology from a news portal for two articles implying it failed to respond to a letter or queries from the Auditor-General over operations and investments.

It said in a statement that there was no such letter or request from the A-G and they had always responded to queries in a professional and timely manner. 

Khazanah added that The Malaysian Insider did not contact them on the veracity of the claims in its articles “Parliament’s bipartisan oversight panel probes Khazanah’s costly ventures” and “PAC siasat perbelanjaan melampau Khazanah."

It said a letter of demand for a retraction, correction, and an apology in respect of the false statements had been issued to the portal while reserving their right to legal and other appropriate recourse.

“Khazanah wishes to reiterate that it views positively both the genuine concerns of the public and the various oversight measures placed on us, inter alia, external audit, internal audit, and the National Audit Department’s periodic audits as well as other valid oversight mechanisms, as a positive check and balance to strengthen our systems and performance,” it said.
Khazanah said that it has participated in six hearings before the Public Accounts Committee since 2006 and that it will continue to do so in future as and when required.


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