What is the current phase of the 1MDB audit probe?

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The 1MDB Audit Probe is Currently in its Second Phase

The ongoing investigation into 1Malaysia Development Berhad (1MDB) is currently in its second phase, which involves a more detailed examination of the company's financial records. The National Audit Department has indicated that the outcome of this probe is expected to be made public in approximately three months.
Detailed Examination Underway

The second phase of the audit probe is characterised by a meticulous review of 1MDB's financial statements and transactions. This deeper dive is crucial for identifying any potential irregularities or offences that may have occurred within the state investment fund.
Anticipated Release of Findings

Authorities have stated that the comprehensive report detailing the findings of the 1MDB audit is anticipated to be released in about three months. This report is considered essential for the police to conclude their own investigations into the matter.
Ongoing Police Investigation

The Inspector-General of Police has confirmed that the police investigation is proceeding but remains contingent on the finalisation and release of the Auditor-General’s report. This report is necessary for the police to ascertain the alleged offences and complete their inquiry.

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What is the current phase of the 1MDB audit probe?

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