In a statement, he asked why 1MDB had not made a full disclosure of its accounts since 2014 if all its money was accounted for.
“In fact, 1MDB has not produced any legitimately audited accounts since March 2012 after Deloitte Malaysia withdrew its endorsement for 1MDB’s March 2013 and 2014 financial statements.
“Even when repeatedly requested by the auditor-general (AG) and the Public Accounts Committee (PAC), 1MDB has not only refused to submit its updated financial statements, the ministry of finance (MoF)-owned subsidiary refused to even hand over a single bank statement of its accounts with foreign banks.
“It does not take a genius to figure out that 1MDB has more than something to hide,” the DAP national publicity secretary said.
He was referring to 1MDB’s statement yesterday that it could not claim the 104 million Swiss francs (RM430 million) that Swiss lawmakers were deliberating returning to the rightful owners simply because the money did not belong to it or even the government of Malaysia.
1MDB issued the statement following letters sent by DAP parliamentary leader Lim Kit Siang and Pakatan Harapan president Dr Wan Azizah Wan Ismail to members of the Federal Assembly of Switzerland over a motion on they money, to be debated in the National Council or Lower House of the Federal Assembly this week.
According to reports, Swiss Social Democratic Party lawmaker Carlo Sammaruga has tabled a motion at the Swiss Parliament proposing that the money be repatriated to Malaysia.
Asking how 1MDB could expect Malaysians to believe it, Pua said the PAC, of which he is a member, and the AG were never given the necessary documents to verify that illicit transfer of funds had not taken place, as claimed by 1MDB.
“Today, even when I asked for a simple listing of the debts still being held by 1MDB, as well as the debts assumed by the ministry of finance, it gets rejected by the parliamentary speaker,” he said, referring to the current sitting of the Dewan Rakyat.
He also mentioned several earlier statements by 1MDB whose accuracy he questioned.
This included the nature of its joint-venture with Petrosaudi International Limited, “which masked the transfer of US$1.03 billion to the bank account of Good Star Limited in Switzerland.
“1MDB repeatedly testified that Good Star was a subsidiary of Petrosaudi, before Bank Negara Malaysia subsequently confirmed that Good Star’s sole shareholder was the fugitive Jho Low,” he said.
Pua added that 1MDB had said its board of directors had approved the deal with Petrosaudi, but its former chairman Bakke Salleh quit his position “precisely because he was furious” over what was happening.
“This was confirmed when Tan Sri Bakke testified to the PAC.”
He also noted that the probe into 1MDB transactions had “precipitated the single largest anti-kleptocracy legal suit by the US’ Department of Justice”.