Malaysia is scrambling to bring home billions of dollars allegedly siphoned off from 1MDB, a state fund founded by ex-premier Najib Razak, who lost a general election last month. His successor, Prime Minister Mahathir Mohamad, said Malaysia is also seeking to arrest financier Low Taek Jho, a central figure in the scandal who advised on investments and negotiated deals for 1MDB.
KUALA LUMPUR: It was Attorney General Tommy Thomas who advised the Public Accounts Committee (PAC) to adjourn its proceedings on 1Malaysia Development Berhad (1MDB), says PAC chairman Datuk Seri Dr Ronald Kiandee.
Kiandee said the PAC received a letter from the AG on Oct 25 advising the PAC to adjourn sine die (to an undetermined date) its proceedings on 1MDB.
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