“Have the police investigated the US$1.03 billion transfer to Good Star? These transfers were confirmed by 1MDB itself and are easily verified,” said Petaling Jaya Utara MP Tony Pua in Parliament today.
The police should also question witnesses from Bank Negara Malaysia (BNM) who confirmed Good Star belongs to Jho Low, evidence which was consistent with the findings by the US Department of Justice.
This was supported by a BNM letter dated April 6, 2016 to the Public Accounts Committee (PAC), Pua told reporters, adding that BNM also confirmed Good Star was not a subsidiary of 1MDB’s joint-venture partner Petrosaudi International Ltd (PIL).
Previous news reports state former 1MDB chief executive officer Datuk Shahrol Halmi represented to Deutsche Bank Malaysia that Good Star is 100%-owned by PIL.
However, it was later shown that the sole director of Good Star is Smart Power of which Jho Low is the sole director, and Smart Power’s ownership equity in Good Star consists of a single bearer share issued to Jho Low.
Pua said the action on those responsible for the 1MDB scandal or producing evidence to re-but the allegations against the country was ‘an attempt to dismiss them by calling them fake news’.
“Most recently, even Inspector-General of Police Tan Sri Mohd Fuzi Harun concluded there’s no link between 1MDB and Jho Low after investigating the PAC Report on 1MDB,” Pua said.
The PAC exposed a series of wrongdoing by the 1MDB management but Prime Minister Datuk Seri Najib Razak as 1MDB chairman, and Jho Low, were never investigated, including the fund flows.
“Hence, it was impossible for PAC to exonerate both of them if we could not investigate them but BNM had written twice to PAC to confirm the direct and incontrovertible involvement of Jho Low with 1MDB,” Pua said.
In the meantime, DAP parliamentary leader and Gelang Patah MP Lim Kit Siang asked Fuzi to clarify as to which part of the PAC states there is no connection between Jho Low and 1MDB.
“This is because he used the PAC report to reinforce his contention that there is no link. As we know, there is no mention of Jho Low in the report, compared to the DoJ’s kleptocratic litigation with references to him everywhere,” Kit Siang said.
Lim also asked if Najib would sue London-based weekly magazine The Economist and US news channel MSNBC for its portrayal on the alleged 1MDB scandal.