1MDB files police report on info leak

1Malaysia Development Berhad (1MDB) revealed today that it has lodged a police report against those it believes may have leaked or sold confidential documents to parties like whistleblower site Sarawak Report (SR).

The state-owned firm said it believes the information was leaked with “malicious intents” and that this may be in violation of local laws like the Penal Code, the Official Secrets Act 1972, the Houses of Parliament (Privileges and Powers) Act 1952 and the Standing Orders of the Dewan Rakyat of Malaysia.

In a statement here, the firm said it was forced to file the report as despite an open admission by SR of having obtained confidential documents from Bank Negara Malaysia (BNM), as well as Wall Street Journal’s claim to have viewed documents on the on-going probe on its financials, no action has been taken, whether against parties who published the said documents or those who leaked them.

The firm also noted that SR had yesterday, for the second time in a few days, published another article with what it admitted were authentic 1MDB documents.

“Given this lack of action, 1MDB has today filed a police report on actions by one or more parties, who we suspect have leaked and/or sold confidential or proprietary information.

“It is our belief, that such actions were taken with one or more malicious intents,” it said.

“We have full faith and confidence in the investigative ability and professionalism of the lawful authorities to take all actions required to uphold the laws of Malaysia,” the firm added.

Last week, 1MDB president Arul Kanda Kandasamy was forced to acknowledge that SR appeared to have published an authentic 1MDB document, which was the minutes of the January 12 board meeting, saying that it was his first since joining the company on January 5 this year.

However, he denied the portal’s claim that he had lied to the board about cash in the state investment firm’s BSI Singapore bank account.

Arul Kanda, also the 1MDB group executive director, said he has since explained in detail the sequence of events to the National Audit Department and to 1MDB’s auditors, Deloitte.

He added that he also looked forward to explaining to the next Public Accounts Committee when Parliament reconvenes to “conclusively” clear the air surrounding 1MBD.

Source – http://www.themalaymailonline.com/malaysia/article/1mdb-files-police-report-on-info-leak#sthash.x5wxCCgY.dpuf

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