1MDB's CSR arm, Ihsan Perdana denies transferring money into PM's account

03 Jul 2015 / 20:24 H.

    PETALING JAYA: In light of allegations that millions of Ringgit were found to have been transferred into Prime Minister Datuk Seri Najib Abdul Razak's account, Ihsan Perdana Sdn Bhd has denied doing so.
    In a statement, Ihsan Perdana Managing Director Datuk Dr Shamsul Anwar Sulaiman said Corporate Social Responsibility projects carried out by Ihsan Perdana are fully audited and accounted for.
    "The allegations are baseless and lies as Ihsan Perdana has never transferred money into any individual account including that of the Prime Minister.
    "I strongly deny any transfer of money into the personal account of the Prime Minister as alleged by the media reports.
    Wall Street Journal had reported that Ihsan Perdana, a company in-charge of 1Malaysia Development Berhad (1MDB)'s CSR programmes had transferred USD11.1 million into Najib's personal account between 2014 and this year.
    It claimed this was part of USD 700 million transferred into what is believed to be Najib's accounts, according to unnamed investigators, wrote WSJ.
    1MDB and the Prime Minister's Office have issued statements denying the allegations made.
    Meanwhile, the Malaysian Anti-Corruption Commission (MACC) in a separate statement, said that it will carry out investigations into SRC International Sdn Bhd, which was mentioned in the WSJ report.
    MACC deputy chief commissioner (operations) Datuk Seri Mohd Shukri Abdull said there was basis to investigate the matter as it had elements which are under MACC's prerogative.
    "The investigation is carried out under the MACC Act 2009.
    "Based on the law, the commission will carry out the investigations professionally and independently," he added.

    sentifi.com

    thesundaily_my Sentifi Top 10 talked about stocks