Here’s Everything 1MDB’s Arul Kanda Said After He Went On Radio For The First Time Ever
He's been called "Mr. Fixit" of 1MDB.
Cover image via MoleArul Kanda, President and Group Executive Director of the federal-government-owned development fund 1MDB, made his first radio appearance on local radio station, BFM this morning
Image via BFM
Here are some of the key takeaways from the interview:
1. On the recent announcement of Bank Negara Malaysia's action against 1MDB for failing to support its reasons for not moving USD1.83 billion (RM7.76 billion) from abroad back to Malaysia
Image via SAYS
2. On the claims that assets in the [PetroSaudi] (http://says.com/my/news/former-petrosaudi-it-exec-arrested-for-leaking-1mdb-info) joint venture are worthless
Image via SAYS
3. On the allegations not getting substantiated since former Petrosaudi official Xavier Justo was jailed after blackmailing his former employer using information about 1MDB
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4. On the piling international investigations against 1MDB
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5. On 1MDB "claiming innocence"
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6. On the possible public relations (PR) failure by 1MDB
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7. On why the public isn't convinced by 1MDB's explanations
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8. On Tun Dr. Mahathir Mohammad's lawsuit against PM Najib Razak
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9. On 1MDB's business model that puts the country's financial state at risk
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