Special govt task force to oversee 1MDB review

(Bernama) – The Ministry of Finance, in its capacity as the 100% shareholder of 1Malaysia Development Bhd (1MDB), has created a special task force to help ensure the successful implementation of the company’s strategic review.

The task force will comprise the Second Finance Minister Ahmad Husni Hanadzlah; Minister in the Prime Minister’s Department Abdul Wahid Omar; chief secretary to the government Ali Hamsa; and Treasury secretary-general Dr Mohd Irwan Serigar Abdullah.

In a statement today, the ministry said it fully supported the management and board of 1MDB in the implementation of its previously announced strategic review.

The task force will provide all required assistance and guidance to ensure maximum value is generated for the ministry.