KUALA LUMPUR: 1Malaysia Development Berhad (1MDB) told Tony Pua today to resign from the parliamentary Public Accounts Committee (PAC) pending a police investigation against the opposition MP who is suspected of trying to topple the government.
The state investment firm said the appropriate place to share information with was with the authorities investigating it, including the PAC, after former PetroSaudi International (PSI) executive Xavier Andre Justo, who had stolen information on 1MDB from PSI, reportedly claimed Pua had arranged for the data to be sold to The Edge Media Group.
“It would appear that YB Tony Pua, notwithstanding his role in the PAC, wants to be judge, jury and executioner for 1MDB,” 1MDB said in a statement.
“Now that YB Tony Pua is under investigation by the police, we urge YB Tony Pua to practise what he preaches to others and step down from the PAC, while he proves his innocence on the various allegations made against him,” the state investment firm added.
National news agency Bernama reported Inspector-General of Police (IGP) Tan Sri Khalid Abu Bakar as saying yesterday that Pua would be recalled, in an investigation on an alleged attempt to topple the government, to record his statement over a New Straits Times (NST) report quoting Justo’s claims against the Petaling Jaya Utara MP from the DAP.
NST reported Tuesday Justo, who recently pled guilty in Thailand to attempting to blackmail Saudi-based PSI over purportedly incriminating documents, as saying in a written confession that Pua and Sarawak Report editor Clare Rewcastle-Brown had arranged for 1MDB data to be sold to The Edge Media Group owner Datuk Tong Kooi Ong.
Pua has said he only heard of Justo when news of the Swiss national’s arrest in Bangkok broke.
1MDB said today that it was “disappointed” to hear of Pua’s alleged actions.
“Whilst we have had differences of opinion with him, we respected his tenacity and focus,” said 1MDB.
The state investment firm also told Pua that the key terms of the bond and guarantee by Abu Dhabi’s International Petroleum Investment Corporation (IPIC) were contained in the notes to the 1MDB audited accounts dated 31 March 2013 and 31 March 2014, which it said were publicly available documents.
Pua demanded earlier today that 1MDB publicly disclose the details of its deal with IPIC after US-based paper the Wall Street Journal reported that the United Arab Emirates has raised questions on 1MDB’s US$1.4 billion payment to IPIC, which allegedly never reached the Abu Dhabi state investment fund.
1MDB has insisted that its records show the US$1.4 billion payment was made to IPIC.
1MDB Press Statement
PRACTISE WHAT YOUR PREACH
1MDB is disappointed to note the admission by Public Accounts Committee (PAC) member YB Tony Pua that he introduced discredited journalist Clare Rewcastle-Brown to Datuk Tong Kooi Ong and Ho Kay Tat of The Edge media group. We further note media reports that YB Tony Pua has not denied knowledge that Clare Rewcastle-Brown was dealing with stolen goods.
In a statement today, YB Tony Pua urged 1MDB to “come clean” on the bond arrangements and guarantee by Abu Dhabi’s International Petroleum Investment Corporation (IPIC). We remind YB Tony 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. These are publicly available documents. 1MDB had also provided a detailed answer to the Wall Street Journal 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.
However, YB Tony Pua is quick to respond to detailed answers with even more questions. One can only conclude he is not at all interested in the answers. We note media reports quoting IGP Tan Sri Mohd Khalid Abu Bakar as saying, in relation to YB Tony Pua, that the police had opened an investigation paper under Section 120 of the Penal Code to probe alleged attempts to topple the government. The IGP is quoted as saying “Mind you, we do not investigate based on newspaper reports… (but) this was what he (Pua) had actually said. As such, we need to call him (in) again. He (Pua) himself had admitted that he had left out a few things when he was first called in. He could have forgotten then. Now only he remembered. So we will call him in.”
We hope YB Tony Pua will “come clean” with his answers to the police.
1MDB has consistently maintained that the appropriate forum to share information is to the lawful authorities investigating 1MDB, including the PAC. It would appear that YB Tony Pua, notwithstanding his role in the PAC, wants to be judge, jury and executioner for 1MDB.
1MDB is disappointed to hear of the alleged actions by YB Tony Pua. Whilst we have had differences of opinion with him, we respected his tenacity and focus. Now that YB Tony Pua is under investigation by the police, we urge YB Tony Pua to practise what he preaches to others and step down from the PAC, while he proves his innocence on the various allegations made against him.