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Malaysia's parliamentary probe into 1MDB to continue

Signage for 1Malaysia Development Bhd. (1MDB) is displayed at the site of the Tun Razak Exchange (TRX) project in Kuala Lumpur, Malaysia, on Friday on July 17, 2015. 

PHOTO: BLOOMBERG

JUL 30, 20157:41 PM

[KUALA LUMPUR] Investigations by Malaysia's bipartisan parliamentary committee over the troubled state investment company 1Malaysia Development Berhad (1MDB) will continue despite the departure of several members who were recently appointed to the Cabinet, a committee member said.

Public Accounts Committee (PAC) member Datuk Abdul Aziz Sheikh Fadzir told reporters Thursday that he was certain that the probe on 1MDB by the committee would continue after a new chairman has been appointed. "The appointment of a new chairman and deputy chairman must be made in Parliament and the next sitting will be in October, so we will just wait for the ruling by the Speaker. "Whether I'm going to be still in PAC in October I don't know, but I believe PAC will continue to pursue the matter," said Abdul Aziz.