Ahmad Maslan: 1MDB has no big problems 
MalaysiaKini.com
Dec 18, 2014 

Deputy Finance Minister Ahmad Maslan has defended debt-ridden company 1Malaysia Development Bhd (1MDB), amidst police reports lodged against the company.

Responding to the police report lodged against 1MDB by Batu Kawan Umno division vice-chairperson Khairuddin Abu Hassan, Ahmad pointed out how the company had made profits for four years consecutively.

“They only recorded losses last year. I am sure the company has no big problems except for the negative perception made by the police report lodged by Khairuddin,” he said in a press conference today.

“I hope he will get the correct information on 1MDB,” he said, adding that the police report lodged had made it seem that the company was problematic.

“Their assets are good, I am sure they will rise again,” he added.

In lodging the police report, Khairuddin had said that he was suspicious and doubtful of the company’s management which he felt had not been transparent.

'Responsible board, renowned advisers'

Meanwhile, Ahmad said the company had a responsible board of directors as well as renowned advisers.

He, however, expressed hope that the company’s chief executive officer and chairperson will continue making public engagement with the public.

“They should explain clearly issues that are raised by the public. I only answer the issues in Parliament. Outside of Parliament, it should be them answering the questions,” he said.

Over Khairuddin’s claims that he had a “surprise” in store, Ahmad said there was nothing worrying about 1MDB.

“There is nothing worrying about 1MDB. In fact, most questions related to the (management) of 1MDB has been answered as seen on the company’s website.

Reiterating that he should not be involved in the company’s “detailed and technical matters”, he however said he had scrutinised the company in the past months.

“And based on my scrutiny and meetings with the CEO, there is nothing worrying about the company,” he said. 

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