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Postedon26September201512:49pm

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AFP

KUALALUMPUR:1MalaysiaDevelopmentBhd(1MDB)saysitiscommittedtocontinueproviding
responses to former Prime Minister Tun Dr Mahathir Mohamad to help the latter remember its
factbasedanswers.
Inastatementtoday,1MDBsaidDr.Mahathir"continuestoreuseandrecyclestaleandunproven
allegations,whichhaverepeatedlybeenprovenwrong".
"Forexample,TunMahathirpreviouslyclaimedthatRM42billionwasmissingfrom1MDB.Now,
heclaimsthat'overRM20billioncannotbetracedoraccountedfor'.
"ForTunMahathir'sbenefit,acomprehensivebreakdownofhow1MDButiliseditsRM42billionof
debt based on the company's audited financial statements can be found at
http://1mdb.com.my/pressrelease/rm42billionallaccountedfor,"itadded.
Thestatementwasissuedby1MDBfollowingcertainstatementsrelatingto1MDBpostedbythe
veteranformerpoliticianinhisblogonSept25.
"In relation to 1MDB land, Tun Mahathir conveniently forgets that 1MDB is 100% owned by the
Malaysian government and therefore, any land value increase directly and solely benefits the
government.
"ApartfromnowquotingamuchlowerlandvalueofRM3,000persquarefoot(vsRM7,000per
squarefootinapreviousallegationbyhim),TunMahathirforgetstoacknowledgethat1MDBhas
committedRM3billiononinfrastructuredevelopmentinTRX.
"ThisequatestoapproximatelyRM1,500ofinfrastructureexpenditurepersquarefoot,paidforby
1MDB,andsubsequentlyrecoveredthroughlandsales,"said1MDB.
It added that Dr Mahathir had also repeated his old claim that 1MDB transferred funds to the
privateaccountsofPrimeMinisterDatukSeriNajibAbdulRazak.
"Ashewillbewellaware,thisisdespitetheindependentMalaysianAntiCorruptionCommission
(MACC)clearlyconfirmingonAug3,2015thatthefundswerefromaprivatedonorandnotfrom
1MDB.
"1MDB regrets that Tun Mahathir keeps forgetting the facts, not just from 1MDB but from
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independentandrespectedagenciessuchastheMACC,"said1MDB.Bernama

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Reportedon:Sat,26/09/20153:30pm

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