1MDB: Pua ignored Rewcastle had ‘stolen goods’


tony-pua-rewcastle

The company urges the MP to “come clean” with the police on investigations against him on various allegations.

(Free Malaysia Today) – 1MDB has expressed disappointment in a statement that Petaling Jaya Utara MP Tony Pua did not acknowledge in his recent remarks on The Sarawak Report Editor Clare Rewcastle-Brown that she was “dealing in stolen goods”. The statement described the Sarawak-born Rewcastle, who founded The Sarawak Report, as a “discredited journalist”.

The Ministry of Finance (MoF) owned company, touted as a strategic investment and development arm, was referring to a statement wherein Pua disclosed that he introduced Rewcastle to The Edge Media Group owner Tong Kooi Ong and Publisher/CEO Ho Kay Tatt.

The company expressed the hope that Pua will not add insult to injury by failing to come clean with his answers to the police as he’s currently under investigations. It noted that the MP had urged the company to come clean on the bond arrangements and guarantee by Abu Dhabi’s International Petroleum Investment Corporation (IPIC).

“We remind Pua that the key terms of the bond and the IPIC guarantee are contained in the notes to the 1MDB audited accounts dated 31 March 2013 and 31 March 2014,” said the company. “These are publicly available documents. “

“1MDB had also provided a detailed answer to The Wall Street Journal (WSJ) report on 9 September 2015, defended its audited accounts and confirmed that it cannot comment on nor have knowledge of, the accounting arrangements of third parties such as IPIC or Aabar.”

The company was commenting on Pua alleging, based on the WSJ report, that 1MDBs accounts showed that it paid USD1.4 billion to IPIC but this figure was not reflected in the latter’s company’s accounts, leading him and WSJ to ask what happened to the money.

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