Daim forms third task force on 1MDB

Another task force is being convened to investigate the financial affairs of 1MDB, the third in three years, and two years after a previous four-agency task force was disbanded and the investigation aborted.

Daim Zainuddin of the government’s newly-constituted Council of Elders said last night that he had identified those who would assist in the investigation, to be carried out under the purview of the team.

The investigating team will submit a report to the government, Daim said.

1MDB was at the centre of a long drawn-out political controversy culminating in Pakatan Harapan’s general election victory last week which ended the Umno-led coalition’s six decades in power.

A special task force comprising the heads of the police, Bank Negara, and the anti-corruption agency, and Attorney-General’s chambers began investigating 1MDB in 2015 but was disbanded a year later after three members left office.

Another task force was formed by the police force in 2016 under the former IGP, Khalid Abu Bakar.

The original task force of  the “Four Tan Sris” had included Bank Negara governor Zeti Akhtar Aziz. She was appointed to the Council of Elders on Saturday.

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