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19 December 2015

1MDB's Current Chairman Tan Sri Lodin Wok Kamaruddin to be summoned by PAC

Tan Sri Lodin

PAC to summon 1MDB’s chairman, satisfied with Arul Kanda’s explanation

THE STAR
 
KUALA LUMPUR: The Public Accounts Committee (PAC) will continue its proceedings on 1Malaysia Development Berhad (1MDB) by summoning the company's current and former chairmen in January.  
1MDB chairman Tan Sri Lodin Wok Kamaruddin will be called on Jan 19 while the company's ex-chairman Tan Sri Mohd Bakke Salleh a day later. 
According to PAC chairman Datuk Hasan Arifin (pix), if there was a need, 1MDB's former president and chief executive officer Datuk Shahrol Halmi would be recalled to help complete the investigations.  
"PAC has also given time to the National Audit Department to complete the final audit report which is expected to be tabled by the Auditor-General to the committee, at the latest by the end of February next year," he said in a statement Friday.  
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Earlier, 1MDB president and group executive director Arul Kanda Kandasamy appeared before PAC for the second time to give more explanation in respect to 1MDB.  
The PAC said it was satisfied with Arul Kanda’s explanation over 1MDB’s rationalisation plan following the three-hour meeting.
Arul Kanda was previously summoned by PAC on Dec 1, while Shahrol Azral was called a day earlier. 
The PAC is probing 1MDB over its dealings. - BERNAMA

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