Open Access1MDB: The Auditor General Office’s Questions
Author(s) -
Asmadi Ali
Publication year - 2016
Publication title -
journal of public administration and governance
Language(s) - English
Resource type - Journals
ISSN - 2161-7104
DOI - 10.5296/jpag.v6i1.9056
Subject(s) - audit , wrongdoing , business , auditor independence , prime minister , auditor's report , accounting , chief audit executive , prime (order theory) , joint audit , political science , internal audit , law , mathematics , politics , combinatorics
Following the prime minister’s instruction on March 4, 2015, the Auditor-General Office (AGO) began its audit 1Malaysia Development Berhad (1MDB) on March 10, 2015. But there are some very important questions left unanswered with the conduct of the audit including: What are the objectives of the audit by the auditor-general? Why the prime minister declaring no wrongdoing at the 1MDB while at the same time wanting AGO audit? Why the failure to specify the necessary such as the probe’s terms of reference and timeframe? And last but certainly not the least is: Should the auditor-general be the one to audit the IMDB?