1 Malaysia Development Berhad (1MDB) today said it will fully cooperate in the probe that is being conducted on them.

In a statement, the strategic development company’s board of directors said they will only reply to questions posed by the Public Accounts Committee (PAC), the Auditor-General and relevant regulatory authorities.

“We request all parties to respect the review process being led by the Auditor-General (as directed by the Cabinet) and to await the outcome of PAC hearings which commence this week,” it said.

The Board said recent media reports on issues surrounding the wholly-owned government company were made to shape public opinion ahead of the PAC and the A-G completing their reviews.

This was based on the media’s selective presentation of facts, lack of supporting evidence and biased reporting, it said.

“The search for truth must be fact-based and conducted by trustworthy, unbiased and impartial parties. A ‘trial by media’ is of no benefit to any party who is genuinely interested in the truth,” it added.