Media statement by 1Malaysia Development Berhad

Issued on 13 October 2015
For immediate publication

Take Action, “Tidak Apa” Tony

1MDB refers to a statement issued by YB Tony Pua this morning. We note that YB Tony Pua has yet again become an instant expert on certain technical matters. This tiresome approach is designed for nothing more than political point scoring which benefits no one.

It is important to highlight Bank Negara Malaysia (BNM) clearly stated “… the Bank concluded that permissions required under the ECA for 1MDB’s investments abroad were obtained based on inaccurate or without complete disclosure of material information relevant to the Bank’s assessment of 1MDB’s applications.”

The above findings appear to be very different from the unproven allegations of fraud, embezzlement, theft, money laundering etc. made against 1MDB by, amongst others, Clare Rewcastle-Brown, YB Tony Pua, YABhg Tun Mahathir Mohamed, YB Tan Sri Muhyiddin Yassin, YB Datuk Seri Shafie Apdal and others.

Accordingly, the Attorney-General’s Chambers, having reviewed the investigation papers and recommendations of Bank Negara Malaysia (BNM), has determined that no further action is to be taken. This point has been accepted by BNM itself, which clearly stated “It is to be noted that under the Federal Constitution, the decision to initiate criminal prosecution lies solely with the Attorney-General.”
We suggest that YB Tony Pua focus his attention on matters on which he has taken a “tidak apa” (lackadaisical) attitude, e.g. did he know that Clare Rewcastle-Brown was involved in the sale of stolen goods, based on the following quote attributed to her (which neither Clare nor Tony has denied) – “I have told Tony that if he doesn’t pay up then he will be seen to have been dealing with me as you (Justo) are threatening to publish (make public the deal).”

Alternatively, YB Tony Pua may want to commence an enquiry as to how confidential BNM investigation documents ended up in the possession of the foreign internet portal, the Sarawak Report or how confidential Public Accounts Committee (PAC) documents such as the Auditor-General interim report ended up with the foreign news publication, the Wall Street Journal.

We trust YB Tony Pua will take all necessary actions to, at the very least, preserve the now questionable integrity of the PAC process and not continue to mislead the public on matters outside of his competency.

Media statement by 1Malaysia Development Berhad

Issued on 13 October 2015
For immediate publication

Take Action, “Tidak Apa” Tony

1MDB refers to a statement issued by YB Tony Pua this morning. We note that YB Tony Pua has yet again become an instant expert on certain technical matters. This tiresome approach is designed for nothing more than political point scoring which benefits no one.

It is important to highlight Bank Negara Malaysia (BNM) clearly stated “… the Bank concluded that permissions required under the ECA for 1MDB’s investments abroad were obtained based on inaccurate or without complete disclosure of material information relevant to the Bank’s assessment of 1MDB’s applications.”

The above findings appear to be very different from the unproven allegations of fraud, embezzlement, theft, money laundering etc. made against 1MDB by, amongst others, Clare Rewcastle-Brown, YB Tony Pua, YABhg Tun Mahathir Mohamed, YB Tan Sri Muhyiddin Yassin, YB Datuk Seri Shafie Apdal and others.

Accordingly, the Attorney-General’s Chambers, having reviewed the investigation papers and recommendations of Bank Negara Malaysia (BNM), has determined that no further action is to be taken. This point has been accepted by BNM itself, which clearly stated “It is to be noted that under the Federal Constitution, the decision to initiate criminal prosecution lies solely with the Attorney-General.”
We suggest that YB Tony Pua focus his attention on matters on which he has taken a “tidak apa” (lackadaisical) attitude, e.g. did he know that Clare Rewcastle-Brown was involved in the sale of stolen goods, based on the following quote attributed to her (which neither Clare nor Tony has denied) – “I have told Tony that if he doesn’t pay up then he will be seen to have been dealing with me as you (Justo) are threatening to publish (make public the deal).”

Alternatively, YB Tony Pua may want to commence an enquiry as to how confidential BNM investigation documents ended up in the possession of the foreign internet portal, the Sarawak Report or how confidential Public Accounts Committee (PAC) documents such as the Auditor-General interim report ended up with the foreign news publication, the Wall Street Journal.

We trust YB Tony Pua will take all necessary actions to, at the very least, preserve the now questionable integrity of the PAC process and not continue to mislead the public on matters outside of his competency.