QUESTION TIME Does the release of the Public Accounts Committee (PAC) report last week exonerate Prime Minister Najib Abdul Razak of all wrongdoing in relation to 1Malaysia Development Bhd as the usual suspects are claiming? Absolutely not, because Najib is ultimately culpable for everything that has gone wrong at 1MDB.

We give 10 reasons why Najib must be held accountable for 1MDB - he is more accountable than anyone else, including one former CEO who may become the fall guy for this entire sad, sorry episode.

But before that, let’s dispel another notion. Does that PAC report say that all monies are accounted for in 1MDB and there was no wrongdoing? Absolutely not, although some are trying to paint the picture that way.

From all previous evidence, it is crystal clear that 1MDB was not a mistake but a wilful, scheming, brazen, unprecedented and greedy pilferage of billions of ringgit of the nation’s limited resources as comprehensively detailed out in this series of articles and many other sources of information in the last three years.

Just to summarise, mispricing of loans alone at 1MDB could have given others gains of as much as RM6 billion while a further RM4 billion involves strange collateral arrangements and exorbitant payments for options, clearly a means to siphon money out of 1MDB.

Questionable asset selection accounted for some RM27 billion, while overpayment of advisers come up to some RM2 billion and a payment to a Jho Low-linked company came up to RM2.6 billion. That’s almost RM42 billion lost and/or at risk.

Now back to those ridiculous, ludicrous and completely illogical attempts to absolve Najib of all blame for 1MDB. Here’s 10 reasons why he is the person most responsible and should be held accountable...