Irwan, Najib to be Charged for Misusing Govt Funds to Bail out 1MDB

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Duo to be jointly charged for misusing funds from BR1M as well as the federal government’s Consolidated Fund to repay IPIC.

Former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah is set to be the first civil servant to face criminal charges over the 1Malaysia Development Bhd (1MDB) scandal.

Irwan was expected to present himself at the Malaysian Anti Corruption Commission (MACC) headquarters in Putrajaya at about 2pm today to answer more questions about 1MDB’s dealings with International Petroleum Investment Co (IPIC), in particular, the circumstances surrounding the Treasury authorisation of debt payments by the former to the latter.

However, he only arrived at 3.25pm in a black Perodua Myvi.

Dressed in a white shirt and black pants, the 61-year-old gave a wry smile as he headed into the building to meet with MACC investigators.

Hari Anggara

It is understood that Irwan, who is expected to be arrested by the commission today, has had several sessions with MACC in recent weeks pertaining to the case, although this had gone unreported.

He is expected to formally answer charges against him with regard to the case tomorrow.

The commission is also calling in his former boss, Datuk Seri Najib Razak, who is also the former prime minister, to answer some questions today.

Najib arrived at the MACC headquarters at 1.55pm today (Oct 24).

Najib, who has been in and out of the commission’s office, may or may not be arrested but he is expected to be at the Jalan Duta Courts Complex tomorrow to face fresh charges in relations to IPIC.

It is understood that an “insider ” Datuk was instrumental in helping investigators tie up loose ends in the 1MDB-IPIC probe.

The Edge Financial Daily reported that Irwan and Najib will now be jointly charged for misusing funds from Bantuan Rakyat 1Malaysia (BR1M), as well as the federal government’s Consolidated Fund, to repay IPIC. It is unknown at this juncture how much was allegedly taken from either account.

Since its implementation in 2012, the previous administration had spent a total of RM25.7 billion as BR1M handouts.