Auditor-general declassifies 1MDB audit report

  • May 15, 2018
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Auditor-general Madinah Mohamad today announced the declassification of the 1MDB audit report.

This followed Madinah's meeting with Prime Minister Dr Mahathir Mohamad earlier in the day.

"I refer to the 1MDB audit report which was classified as secret on Jan 22, 2016 and was presented to the Public Accounts Committee on March 4, 2016.

"I would ike to inform that the audit report on 1MDB has been reclassified as an open document," she said in a press statement this evening.

Madinah added that the executive summary of the report is now available on the Audit Department website.

Following allegations of multi-billion ringgit misappropriation in 1MDB in 2015, then-prime minister Najib Abdul Razak urged the public to wait for an audit of the state-owned company.

However, when the report was completed, it was classified as secret.

Najib's successor Mahathir has vowed to resolve the 1MDB matter, which is a subject of several international investigations.

The US Department of Justice believes that at least US$4.5 billion was misappropriated from 1MDB.