Irwan Serigar to be Detained Tomorrow, Face 1MDB Charge on Thursday

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Not confirmed if he will be charged separately or jointly with Najib, and the number of charges he will face.

Former Treasury secretary-general Tan Sri Mohd Irwan Serigar Abdullah is likely to be detained tomorrow and expected to be hauled to court on Thursday (Oct 25) in connection to the 1Malaysia Development Berhad (1MDB) scandal.

The Malaysian Anti-Corruption Commission (MACC) had already summoned former prime minister Datuk Seri Najib Razak and Irwan to its headquarters in Putrajaya to facilitate investigation at 2pm tomorrow.

The 61-year-old former top civil servant will be in court on the same day as his former boss Najib, who will be facing a fresh round of charges also linked to 1MDB.

It is learnt that both Irwan and Najib will be charged in connection with 1MDB’s dealings with Abu Dhabi’s sovereign wealth fund, International Petroleum Investment Company (IPIC).

However, it could not be confirmed if Najib – who will be facing six more charges – and Irwan will be charged separately or jointly.

Najib was to have returned to the MACC headquarters this afternoon, after his session with the Public Accounts Committee in Parliament in the morning.

Sources with knowledge of the case said that a final round of statements would be recorded from Najib.

“After this is completed, he will be released and will go to court on Thursday. There are no plans to detain him on Wednesday (Oct 24),” a source told The Star.

While sources did not divulge the actual amount, the money involved in the six charges will “run into billions”.

“A lot of money is involved here,” said one source who declined to elaborate.

Last week, Najib was called up twice to explain the payment of more than US$1.2 billion (RM5.04 billion) made to IPIC by 1MDB in a settlement over a US$6.5 billion claim made by the latter.

The settlement was triggered by 1MDB’s default on a bond payment due in 2016, which was guaranteed by IPIC in 2012 for the acquisition of two power plants.

It is understood that Najib – who was the chairman of the 1MDB board of advisers – would be held liable for his role in the debt settlement.

However, it will be a different scenario for Irwan – the number of charges he will face is not known.

It is learnt that he will be detained for the night to be brought to the Jalan Duta Courts Complex the next day.

Apparently, he had been called by investigators “numerous times” to answer questions on the debt settlement between 1MDB and IPIC.

His last session with the MACC was on Aug 10.


Earlier report: Oct 23, MACC to Quiz Najib, Irwan on 1MDB-IPIC Deal Tomorrow