MACC starts probe into SRC international, a former 1MDB subsidiary
MCA Youth calls on development firm to reveal details of its dealings
PETALING JAYA: MCA Youth has urged 1MDB to reveal details of its transactions in the wake of The Wall Street Journal’s allegations against the Prime Minister instead of rebutting with mere denials.
Its chief Senator Chong Sin Woon said detailed information was needed to alleviate public concern as the WSJ report had gone viral.
“Information contained in the WSJ article is indeed very serious.
“When a world-renowned international publication releases such details in its reporting, 1MDB should not just release a simple one-off statement denying the allegations,” he said.
He said denials would only fuel media hype and speculation, and not stop rumours from spreading as the WSJ report had been picked up by international news agencies.
Chong said 1MDB should clear the air immediately so as not to jeopardise the reputation of Datuk Seri Najib Tun Razak.
He said in spite of the positive Fitch rating, the WSJ’s negative report had tarnished Malaysia’s image, its finance system and regulatory bodies.
Reiterating his call to reveal details of all deals and transactions, Chong urged the people to wait for the authorities to complete investigations.
“Providing detailed information and clarification is better for damage control and alleviate rumblings on the ground,” he said.
Chong also called on WSJ to show evidence to justify its “scandalous accusation”.
He said WSJ should practise ethical journalism and show the evidence behind its report.
He also asked if the journal was aware of police investigations into Swiss national Xavier Andre Justo’s alleged involvement in the tampering of evidence related to the 1MDB controversy.
“Otherwise, this report is no different than any other articles in tabloids that are bent on sensationalism,” he said.