Irwan Serigar to be charged over 1MDB scandal on Thursday (Oct 25)


PUTRAJAYA: Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah is expected to be hauled to court on Thursday (Oct 25) in connection to the 1Malaysia Development Berhad (1MDB) scandal.

The 61-year-old former top civil servant will be in court on the same day as his former boss, Datuk Seri Najib Tun Razak, who will be facing a fresh round of charges also linked to 1MDB.

It is learnt that both Irwan and the former prime minister will be charged in connection with 1MDB's dealings with Abu Dhabi's sovereign wealth fund, International Petroleum Investment Company (IPIC).

However, it could not be confirmed if Najib - who will be facing six more charges - and Irwan will be charged separately or jointly.

Najib is already facing 32 charges of criminal breach of trust, corruption and money laundering, to which he has pleaded not guilty to all.

Najib was to have returned to the Malaysian Anti-Corruption Commission (MACC) headquarters in the afternoon today (Oct 23), after his session with the Public Accounts Committee in Parliament in the morning.

Sources with knowledge of the case said that a final round of statements would be recorded from the former premier.

“After this is completed, he will be released and will go to court on Thursday. There are no plans to detain him on Wednesday (Oct 24),” a source told The Star.

While sources did not divulge the actual amount, the money involved in the six charges will “run into billions”.

“A lot of money is involved here,” said one source who declined to elaborate.

Last week, Najib was called up twice to explain the payment of more than US$1.2bil (RM5.04bil) made to IPIC by 1MDB in a settlement over a US$6.5bil claim made by the latter.

The settlement was triggered by 1MDB's default on a bond payment due in 2016, which was guaranteed by IPIC in 2012 for the acquisition of two power plants.

It is understood that Najib - who was the chairman of the 1MDB board of advisers - would be held liable for his role in the debt settlement.

However, it will be a different story for Irwan – sources did not reveal the number of charges he will face.

It is learnt that he will be held for the night to be brought to the Jalan Duta Courts Complex the next day.

Apparently, he had been called by investigators “numerous times” to answer questions on the debt settlement between 1MDB and IPIC.

His last session with the MACC was on Aug 10.


   

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