AGC: NRRET a rebranding of existing task force, not involved in 1MDB investigation


PETALING JAYA: The current task force investigating money-related offenses is not new and is merely a rebranding of an existing one which has been around since 2011, says the Attorney-General's Chambers (AGC).

"The National Revenue Recovery Enforcement Team (NRRET), is not a new task force but is a rebranding of the previous Special Task Force that has been in existence since 2011," the AGC said in a statement Tuesday.

"The aims of NRRET remain the same, which is to assist the Government in dealing with ... evasion of customs duties and tax by individuals and corporate bodies; smuggling activities; misuse of subsidised goods; illegal outflow of funds and acts of corruption which result in the abovementioned activities," the AGC said.

It also clarified that the NRRET would not in any way be involved in investigating 1Malaysia Development Berhad or its related companies.

The NRRET is made up of the AGC; Royal Malaysian Police Force; Malaysian Anti-Corruption Commission; Bank Negara Malaysia; Inland Revenue Department; Customs Department; Domestic Trade, Cooperatives and Consumerism Ministry; and the Companies Commission of Malaysia.

"NRRET primarily streamlines and coordinates the integrated multi-agency enforcement actions with regards to the aforementioned issues," added the AGC.

The rebranding exercise was taken after new Attorney-General Tan Sri Apandi Ali assumed office late last month.

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NRRET , Attorney-General's Chambers , 1MDB

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