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2. RELATED: 1MDB RATIONALISATION GOING SMOOTHLY: KHALID
3. RELATED: TAN SRI KHALID IBRAHIM ON THE 1MDB RATIONALISATION AND RESTRUCTURING EXERCISE
4. RELATED: NAJIB PRAISES PAS' ACCEPTANCE OF 1MDB EXPLANATION, EYES 'CHANGE' IN STATE
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PAS SATISFIED WITH 1MDB EXPLANATION BY ARUL KANDA
1MDB was thrust into the limelight recently when a US$602.72 million (RM2.58 billion) payment, which was part of its settlement agreement with Abu Dhabi's International Petroleum Investment Company (IPIC), was delayed.
REPORTED BY NEW STRAITS TIMES
KUALA LUMPUR, AUGUST 7, 2017 –
PAS has given the thumbs-up to 1Malaysia Development Bhd (1MDB) chief executive officer Arul Kanda Kandasamy after a meeting with him today.PAS deputy president Datuk Tuan Ibrahim Tuan Man was reported by online news portals as saying that Arul Kanda’s explanation on the debt incurred by 1MDB and its debt rationalisation plan was “satisfactory.”Arul Kanda, who was one of the guests at a PAS roundtable discussion on 1MDB held in Ampang, spoke for more than two hours to Tuan Ibrahim and members of the Pas central working committee.Also present were former Selangor Menteri Besar Tan Sri Khalid Ibrahim, and several academicians from public universities.
