PAC TO CALL FORMER FINANCE MINISTERS TO CONCLUDE PROCEEDINGS ON 1MDB

KUALA LUMPUR, Nov 6 (Bernama) -- The Public Accounts Committee (PAC) will summon two former Finance Ministers to conclude its proceedings on efforts to recover 1Malaysia Development Berhad (1MDB) assets and the debt financing guarantee for the company.

PAC chairman Datuk Mas Ermieyati Samsudin said the former Finance Ministers were Tengku Datuk Seri Zafrul Tengku Abdul Aziz, who served from 2021 to 2022 and is now the Investment, Trade and Industry Minister, and Lim Guan Eng who held the post from 2018 to 2020.

She said the committee would also summon Datuk Asri Hamidon who served as Treasury secretary-general from 2020 to 2023 and representatives from Rosli Dahlan Saravana Partnership to seek explanations on recovery efforts during the firm’s role in the 1MDB Special Committee.

“Proceedings are expected to be held in the third week of November,” she told a press conference at the Parliament Building today.

Mas Ermieyati said in the first proceedings, which lasted two hours on Nov 4, the PAC heard testimonies and explanations from Treasury Secretary-General Datuk Johan Mahmood Merican and 1MDB Asset Recovery Taskforce chairman Datuk Seri Johari Abdul Ghani regarding the government's efforts to recover 1MDB assets and the financing of RM9.456 billion in the company’s debts.

Meanwhile, she said during the Nov 5 proceedings on the Inland Revenue Board’s (IRB) management of accounts receivable, the PAC heard testimonies and explanations from Johan and IRB chief executive officer Datuk Dr Abu Tariq Jamaluddin.

She added that the proceedings would resume in the third week of November.

In the meantime, Mas Ermieyati said the committee also tabled the follow-up report on the Ministry of Finance (Incorporated) and the Rural and Regional Development Ministry regarding the recommendations from the PAC report on Felcra Berhad today.

“The public can access the details of the actions taken by the Ministry of Finance and FELCRA regarding the PAC report’s recommendations on FELCRA, which was presented on June 26, 2024,” she said.

 Mas Ermieyati also said that the PAC will present a 278-page report on the National Professors Council under the Prime Minister’s Department tomorrow, based on the proceedings held on Aug 1.

--BERNAMA