Najib instructs A-G to vet 1MDB's accounts

PUTRAJAYA: Prime Minister Datuk Seri Najib Tun Razak (pic) has instructed the Auditor-General to verify 1Malaysia Development Berhad's (1MDB) accounts and forward the findings to the Public Accounts Committee (PAC).

In a statement on Wednesday, the Prime Minister said that the A-G’s report would be passed for transparent inspection to the PAC, which is bi-partisan.

“If any wrongdoing is proven, the law will be enforced without exception,” Najib said.

1MDB and its auditors were asked to brief Cabinet on Wednesday over its current situation and responded to questions posed by the ministers, including the Prime Minister and Deputy Prime Minister Tan Sri Muhyiddin Yassin.

The Cabinet was told that recent allegations directed at 1MDB were related to transactions undertaken by third parties and not 1MDB.