1MDB welcomes PM’s request for AG to verify accounts

KUALA LUMPUR: 1Malaysia Development Bhd has welcomed Prime Minister Datuk Seri Najib Tun Razak’s request for the Auditor General to verify 1MDB's accounts.

1MDB president and group executive director Arul Kanda said on Wednesday the accounts had been audited by Deloitte, one of the world’s leading firms.

“We will cooperate fully with the Auditor-General and hope that the outcome of his findings put to rest recent speculation,” he said.

Arul said stated it was clear that the attacks being directed at the government’s  strategic development company 1MDBare  “politically motivated”.

“These are deliberately coordinated attempts to undermine the company by spreading unsubstantiated allegations and speculation, which in turn could potentially harm the economy,” he said.

Below is the statement issued by 1MDB president and group executive director Arul Kanda:

1MDB will cooperate fully with the Auditor-General

"It is clear that the attacks being directed at 1MDB are politically motivated. These are deliberately coordinated attempts to undermine the company by spreading unsubstantiated allegations and speculation, which in turn could potentially harm the economy.

In light of this, 1MDB welcomes the Prime Minister's request for the Auditor General to verify 1MDB's accounts, which have been audited by Deloitte, one of the world’s leading firms.

We will cooperate fully with the Auditor-General and hope that the outcome of his findings put to rest recent speculation."