Explain how PAC leaks occurred, 1MDB tells Pua

PETALING JAYA: 1Malaysia Development Bhd (1MDB) continues to train its guns on DAP publicity chief Tony Pua over how the Wall Street Journal gained access to documents being scrutinised by the Public Accounts Committee.

Instead of focusing on the scandal that had disgraced the PAC process, the company said the PJ Utara MP seemed more eager to demand a response to the wild allegations which 1MDB had already rebutted.

1MDB urged Pua, who sits in the PAC, to focus his energy on “properly answering the ongoing police investigations” and explain to the people how the PAC leaks occurred.

“This is a clear scandal and breach of Malaysian law,” 1MDB said in a statement issued yesterday.

The statement was in response to Pua’s call to 1MDB to deny the WSJ allegations.

“True to form, Pua has conveniently forgotten to mention the clear denials by 1MDB issued on Sept 9 and Sept 18,” it added.

In a statement on Friday, 1MDB rebutted WSJ’s allegations that US$993mil payment made to International Petroleum Investment Co (IPIC) in 2014 was unaccounted for.

1MDB said that it could not speak on behalf of Aabar Investments PJS, IPIC, or accounting arrangements of third parties.

The company also refuted allegations in WSJ earlier in the month claiming that payment of US$1.4bil from 1MDB to IPIC last November in return for a guarantee for a US$3.5bil bond issue was missing.

1MDB said that the US$1.4bil was accounted for in its 2014 accounts that had been certified by auditors.