PAC to summon former finance ministers for 1MDB probe


KUALA LUMPUR: The Public Accounts Committee (PAC) will summon former finance ministers Tengku Datuk Seri Zafrul Abdul Aziz and Lim Guan Eng to testify before the committee in its investigation into 1MDB asset recovery.

PAC Chairman Datuk Mas Ermieyati Samsudin said Treasury Secretary-General Datuk Johan Mahmood Merican and 1MDB Asset Recovery Taskforce Chairman Datuk Seri Johari Abdul Ghani have given their statements to the committee.

To complete the proceedings, she said Tengku Zafrul, who is currently the Investment, Trade and Industry Minister, and his predecessor Lim will be summoned.

She then added that former Treasury Secretary-General Datuk Asri Hamidon and the law firm Rosli Dahalan Saravanan (RDS) Partnership will also be summoned.

Both the firm and Asri had previously been involved with the 1MDB special task force.

“The proceedings are expected to be held in the third week of November,” she said at a press conference in Parliament.

The PAC began its probe after the Auditor-General’s Report flagged issues related to 1MDB’s financial commitments.

According to the report, grants amounting to RM39.74bil were channelled to 1MDB between 2019 and 2023 by the government.

The Auditor-General's report recommended that the recovery of assets linked to 1MDB and SRC International Sdn Bhd be expedited.

According to the Auditor-General, the funds were crucial to cover the repayments of debts owed by 1MDB and SRC International, as well as other liabilities, given that the Assets Recovery Trust Account (AAMKA) will close by 2028.

The report also disclosed that 262 or 31% of the 842 loans issued by the Federal Government had outstanding repayments amounting to RM9.612bil as of 31 December 2023.

The committee will also table a report on the National Professors Council on Thursday.

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