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None of 1MDB staff employed by MOF - Johari

None of 1MDB staff employed by MOF - Johari
JOHARI: 1MDB is a company and we are a government body. There is a differentiation between the two. - Filepic
KUALA LUMPUR: None of 1Malaysia Development Bhd (1MDB)'s staff are employed by the Ministry of Finance, says Deputy Finance Minister Datuk Johari Abdul Ghani.

"That one (1MDB) is a company and we are a government body. There is a differentiation between the two.

"Our relationship with 1MDB is as far as some of the bonds guaranteed by the government," he said to a question on whether 1MDB staff were relocated to MOF. 

Yesterday, Johari was reported as saying that the state-owned firm's assets would be transferred to the Ministry of Finance Incorporated (MoF Inc) by mid-June.
The company, he said would then become a shell company to manage liabilities and bonds it has issued.

"It does not mean that the government must take (employ) their staff. We don't work that way," he added.