PAC chairman Mas Ermieyati Samsudin said the decision was made after a two-hour briefing by Auditor-General Wan Suraya Wan Radzi on the federal government’s financial statements for 2024.

“Among the issues that caught the PAC’s attention during the briefing were accounts receivable (AR) management under LHDN and the (financial) commitments of 1MDB,” she said in a statement today.

“PAC will summon LHDN and the 1MDB task force, led by Johari Ghani, for further information. Proceedings are set for November.”

Johari is the Titiwangsa MP and the plantation and commodities minister.

The A-G report published on Monday revealed that the government channelled RM39.74 billion in grants to 1MDB between 2019 and 2023, covering principal repayments and bond interest. An additional RM9.46 billion is required.

“In addition to the repayment, the federal government needs to provide an allocation amounting to RM9.46 billion.

“It consists of a total of RM5 billion for the principal of Sukuk Islamic Medium Term Notes (IMTN), which will mature on May 27, 2039, and RM4.46 billion for IMTN coupon payments for the period from 2024 to 2039 (15 years six months),” the report had stated.

The auditor-general recommended asset recovery related to 1MDB and SRC International Sdn Bhd from domestic and foreign sources.

Separately, LHDN accounted for 35.3% of the total AR in 2023, amounting to RM34.591 billion, indicating a 14.3% drop from RM5.79 billion.

This decrease was mainly due to a deficit assessment of RM6.98 billion and a write-off of RM726.7 million.