'Weak corporate governance' cause of 1MDB's muddled financials
Public Accounts Committee (PAC) chairman Nur Jazlan Mohamed also says panel will be hauling up Jho Low for questioning
Anita Gabriel
Singapore
THE top executives, directors and auditors of 1Malaysia Development Berhad (1MDB) should be blamed for the state-owned firm's muddled financial state which has turned into a national scandal, said the chief of a Malaysian parliamentary committee.
"The management, board and the auditors should shoulder a major part of the blame," Public Accounts Committee (PAC) chairman Nur Jazlan Mohamed told The Business Times. "There were weaknesses in the governance and I wish the auditors had played their part to flag issues earlier for corrective action.
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