In what could be interpreted as the first strike on Prime Minister Najib Abdul Razak from within Umno, a police report has been lodged against his debt-ridden brainchild 1Malaysia Development Bhd (1MDB) and its directors.
The report filed by a Penang Umno division leader comes on the heels of former prime minister Dr Mahathir Mohamad’s disappointment that the 1MDB issue was not raised during last month’s Umno general assembly… Read more at Malaysiakini
Without mincing words, a Penang Umno leader said the party has many apple polishers who do not dare question their leaders.
The Star OnLine reports:
KUALA LUMPUR: An Umno divisional leader has lodged a police report against 1MDB and its subsidiaries, alleging “questionable” business, investment and fund raising transactions and decisions.
According to reports, Batu Kawan Umno deputy chief Khairuddin Abu Hassan called for “detailed and comprehensive” investigations in his report at the Dang Wangi police station, such as the interrogation of 1MDB’s directors and representatives of any companies implicated.
Said to be backed by powerful forces in the party, his decision to lodge the report came after studying various reports in both national, international and online media, which “clearly proved” weaknesses in 1MDB’s management of taxpayer funds.
He was also dissatisfied with the state investor’s failure to convincingly counter allegations of impropriety.
“As of March 2014, 1MDB is burdened with debts to the tune of RM41.9 billion, bearing the risk of bankruptcy and the loss of public funds. This will burden the Malaysian Government as 1MDB’s guarantor,” Khairuddin added.