01.10.2014 - Probe into 1MDB financial misconduct now, says anti-graft group
Parliament's Public Accounts Committee (PAC) must begin an immediate inquiry into the troubled sovereign fund 1Malaysia Development Bhd (1MDB), an anti-corruption watch group said. The Centre to Combat Corruption and Cronyism (C4) said today the PAC should call "all actors involved" for the inquiry into the fund's massive debts, dubious land deals and secrecy over its transactions as 1MDB was a burden to the country's national debt. It said Prime Minister Datuk Seri Najib Razak, who is chairman of 1MDB's advisory board, should provide an answer to the fund's troubled developments...............................................Full Article: Source
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