Showing posts with label 1MDB. Show all posts
Showing posts with label 1MDB. Show all posts

Saturday 26 May 2018

1MDB: Dissecting One Of The World's Biggest Financial Scandals



Published on 5 May 2017


@1.00.30  What will you do with the money recovered from 1MDB?

@1.02.30  Who in Malaysia is chasing this money?

@1.04.00  What has Malaysia done about this?  Nothing.

The Attorney General of Malaysia has cleared the Prime Minister of any wrong doing.  So this is a perfect crime.
Malaysia is suppose to be the victim.  The victim itself seems to be totally unable to do anything ...  as long as the Prime Minister and his political appointees represent the people of Malaysia.

But then again remembers, crime pays.  Some of it anyway.  Lots of it.

Wednesday 23 May 2018

1MDB: Malaysian Finance Minister lambasted Arul Kanda as "utterly dishonest and untrustworthy".

Image result for integrity hardworking intelligence




Malaysian Finance Minister, Lim Guan Eng, lambasted Arul Kanda as "utterly dishonest and untrustworthy".
"Arul Kanda claimed that all financial matters were handled strictly by the company CFO and he is uncertain what the value of these investments are – or whether they exist in the first place.
"It is completely unbelievable that a highly-paid and experienced investment banker can be so irresponsibly clueless as to not know whether RM9.8bil worth of investments are even real," said Lim.
Lim said he had instructed the ministry's legal advisers to review Arul Kanda's position as president of 1MDB.
The ministry will also appoint PwC to conduct a special position audit and review of 1MDB.



Read more at https://www.thestar.com.my/news/nation/2018/05/23/1mdb-unable-to-pay-debts-say-two-directors/#mMRA1GjU1pYpwIoR.99




https://m.malaysiakini.com/news/416165#.
Check out the video
https://www.facebook.com/lokman.n.adam/videos/1830391243671793/





24.5.2018


I answered what I knew, says Arul
FMT Reporters | May 24, 2018
The 1MDB boss says he answered based on what he knew in the absence of documents to back him.

http://www.freemalaysiatoday.com/category/nation/2018/05/24/i-answered-what-i-knew-says-arul/




Unfair of finance minister to put me in bad light
Arul Kanda Kandasamy 
https://www.malaysiakini.com/news/426532