IGP: PDRM Investigation Team Formed To Probe 1MDB

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KUALA LUMPUR, April 14 – The Royal Malaysia Police (PDRM) formed an investigation team for the 1Malaysia Development Berhad (1MDB) last Friday to scrutinise the report of the Public Accounts Committee (PAC). Inspector-General of Police Tan Sri Khalid Abu Bakar said the investigation team, headed by him, would investigate the government’s strategic investment company under Section 409 of the Penal Code and Section 420 of the same code if any element of breach of trust or fraud was found.

“I have received instruction from the Cabinet following its meeting in Parliament on April 8 for the PDRM to carry out an investigation. The police have restarted investigation by taking into account five recommendations from the PAC report and to look at all issues raised in the report,” he told a media conference in conjunction with the blood donation programme for the 209th Police Day Memorial, here today.

Khalid said several witnesses including the former 1MDB chief executive officer, Datuk Shahrul Azral Ibrahim Halmi were also called to assist in the investigation, besides carrying out checks on documents concerning the 1MDB case. Khalid said whatever the outcome, they will present it to the Attorney-General’s Chambers.

He said he would look to see whether there were any elements of crime or whether they were merely breaching the corporate ethics under the Companies Act. The PAC last Thursday tabled the 106-page Report of the 1MDB Governance Management Control at the Dewan Rakyat.

The committee, which consists government Members of Parliament as well as the opposition, among others recommended that the authorities investigated the former 1MDB chief executive and the parties linked to the management of the government-owned strategic investment company. Other members of the police investigating team are officers from the Commercial Criminal Investigation Department (CCID) and the Criminal Investigation Department (CID).

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