KUALA LUMPUR: The management of state investment fund 1Malaysia Development Bhd (1MDB) should increase public engagement to be more transparent and avoid any unclear accusations against the company, said Deputy Finance Minister I Datuk Ahmad Maslan.
He was responding to a question on Batu Kawan Umno division vice-head Datuk Seri Paduka Khairuddin Abu Hassan’s move to lodge a police report against 1MDB and its subsidiaries on Dec 12. In the report, the Penang Umno leader had urged the police to conduct a thorough and objective investigation into the “dubious” and “suspicious” nature of the company’s financial transactions and decisions.