Why is the police investigating 1MDB before the audit report?

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Police Launched 1MDB Probe Due to Received Information, Not Solely Awaiting Audit Report

The police commenced their investigation into the 1Malaysia Development Bhd (1MDB) issue because they had already received pertinent information and reports, rather than solely waiting for the National Audit Department's findings. A special investigative squad, comprising representatives from the Commercial Crimes Division, the Attorney-General’s Chambers, and the Malaysian Anti-Corruption Commission, made the decision to proactively examine all available data concerning the matter. This move signifies a parallel effort to the ongoing audit, aiming to expedite the inquiry into the allegations of financial mismanagement that have surrounded the company since its establishment in 2009.
Special Squad's Proactive Stance

The decision for the police to initiate their investigation was a deliberate one, made by the dedicated special squad assigned to the 1MDB case. This squad convened and determined that proceeding with an inquiry was necessary given the information already in their possession. The consensus was that there was no need to exclusively await the outcome of the National Audit Department's audit, indicating a commitment to a more immediate and comprehensive examination of the issue.
Composition of the Investigative Team

The special squad tasked with investigating 1MDB is a multi-agency effort designed to leverage diverse expertise. This team includes officers from the Commercial Crimes Division, who possess specialized knowledge in financial investigations. Furthermore, the Attorney-General’s Chambers and the Malaysian Anti-Corruption Commission are integral components of this squad, ensuring legal oversight and anti-corruption focus throughout the probe.
1MDB's Background and Allegations

1MDB, a strategic development company established in 2009, has been the subject of significant public and media scrutiny due to persistent allegations of financial mismanagement. These allegations have prompted various inquiries, including the independent verification of the company's accounts, which was instructed by Prime Minister Datuk Seri Najib Tun Razak on March 4. The audit was aimed at independently verifying 1MDB's accounts, with the assurance that the law would be enforced without exception if any wrongdoing was proven.

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Why is the police investigating 1MDB before the audit report?

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