Pages

▼
Showing posts with label Arul Kanda Kandasamy. Show all posts
Showing posts with label Arul Kanda Kandasamy. Show all posts
Wednesday, November 08, 2017

Another ‘top secret’ 1MDB bailout by 1MDB via TRX land buyback by the Ministry of Finance

›
During the last parliamentary session, I had asked the Minister of Finance what is the cost and size of the land in Tun Razak Exchange (TRX)...
Tuesday, November 07, 2017

Malaysians are stunned that failed 1MDB CEO, Arul Kanda is even better placed today to take over Khazanah’s Managing Director role in the near future.

›
According to the recent Singapore Straits Times’ report on 2 November 2017, the prospects of a Khazanah outsider such as Arul Kanda to come ...
Friday, October 27, 2017

With outrageously creative accounting and a preposterous tax-payers’ bailout admitted by 1MDB itself, perhaps 1MDB will indeed be “on track to realise a profit”.

›
On Wednesday, I had accused the Prime Minister of peddling lies with the outrageous claim that 1MDB “is on track to realise a profit”, when ...
Sunday, August 13, 2017

Arul Kanda’s disastrous record at 1MDB makes him the least qualified to take over the reigns of Khazanah Nasional

›
Malaysians were shocked to read the report by The Malaysian Insight on Thursday that Arul Kanda is one of the candidates being considered f...
Thursday, May 11, 2017

Who made the decision to terminate the agreement for the sale of Bandar Malaysia to the consortium led by Iskandar Waterfront Holdings?

›
The new season of the blockbuster 1MDB political drama thriller could not have kicked off on a more suspenseful note. Just when everyone tho...
Tuesday, May 09, 2017

The Ministry of Finance must explain the alleged “conflict of interest” which was the basis Arul Kanda was sacked from the Boards of TRX City and Bandar Malaysia

›
Last week, I had asked the Ministry of Finance (MoF) to sack Arul Kanda, if he failed to offer his resignation for his role in the entire co...
Friday, May 05, 2017

Incoming RM42 billion taxpayers' bailout: Bandar Malaysia deal collapse, sale of Edra Energy at a loss and 1MDB-IPIC “settlement” mark total failure of 1MDB “rationalisation exercise”

›
The entire 1MDB “rationalisation exercise” announced as “completed” by the Prime Minister on 2016 New Year’s Day has been completely unravel...
Thursday, May 04, 2017

Who will refund the RM741 million deposit paid by Iskandar Waterfront Holdings to acquire the now aborted Bandar Malaysia equity interest – 1MDB or the Ministry of Finance?

›
The announcement by TRX City Sdn Bhd, now a wholly-owned subsidiary of the Ministry of Finance (MOF), that the RM7.41 billion sale of 60% eq...
Tuesday, April 25, 2017

1MDB “Settlement” with IPIC an affirmation by 1MDB that they have lost US$3.51 billion purportedly paid to IPIC and its subsidiary, Aabar Investment PJS

›
1MDB and IPIC have finally announced the conclusion of the much awaited “settlement” to the London arbitration proceedings filed by IPIC aga...
Friday, March 17, 2017

Which Finance Minister in the world worth his salt would tell you that the debts of its wholly-owned subsidiaries are not the debt of the parent company?

›
First of all, I would like to thank the Second Finance Minister, Dato’ Seri Johari Abdul Ghani for issuing the official statement “ Some Fa...
Saturday, July 23, 2016

1MDB, a simple yes or no will do: have billions of dollars of 1MDB's money been “misappropriated” and “embezzled”?

›
1MDB must not evade the factual allegations laid out by the US Department of Justice but answer the simple question if billions of dollars ...
Friday, July 15, 2016

Are the new 1MDB Board of Directors led by Treasury-General Tan Sri Irwan Serigar going to turn a blind eye after the Sarawak Report exposed an outrageous round-tripping fraud involving US$1.22 billion?

›
The Sarawak Report first exposed the banking documents on 11 July which showed that 1MDB Global Investment Limited (1MDB GIL) transferred US...
Tuesday, July 12, 2016

Arul Kanda must explain why 1MDB Global Investment Limited paid US$1.279 billion to Aabar Investment PJS Limited when these entities had no business relationships

›
The Sarawak Report yesterday exposed another set of banking transaction documents separate from the classified Auditor-General’s Report on ...
Thursday, July 07, 2016

The best Hari Raya present: the Auditor-General's discoveries on 1MDB which the Najib administration tried to hide via the Official Secrets Act (OSA)

›
It appears that The Sarawak Report has successfully procured the classified Auditor-General’s Report on 1MDB with the relevant accompanying...
Wednesday, June 15, 2016

Arul Kanda begitu berluang masa berkempen untuk Barisan Nasional di Sungai Besar, tetapi tidak berani berdebat dengan saya mengenai 1MDB

›
Saya  ingin  menjemput  Arul  Kanda  yang  begitu  berluang  masa  dapat  berkempen  untuk Barisan  Nasional,  tapi  tidak  berani  berdebat...
Wednesday, June 01, 2016

The newly appointed 1MDB Board of Directors must carry out its duties to the Government and Malaysian tax-payers by ensuring good corporate governance and accountability

›
The Ministry of Finance (MOF) today announced the appointment of new board of directors for 1Malaysia Development Bhd (1MDB), succeeding the...
Thursday, May 19, 2016

1MDB CEO is giving up a golden opportunity to clear the firm's name when he rejects the debate challenge

›
I would like to express my disappointment that 1MDB CEO Arul Kanda has chosen to withdraw his acceptance of the 1MDB debate challenge after ...
Wednesday, May 18, 2016

Is RTM not interested in hosting the debate between Arul Kanda and myself now because 1MDB has been proven to be lying to Malaysians all along?

›
Yesterday, I had called upon the Communications and Multimedia Minister, Dato’ Seri Salleh Keruak to once again offer RTM to broadcast the d...

Malaysians are unable to confirm fraud in 1MDB precisely because Dato’ Seri Najib Razak is hampering investigations

›
Dato’ Seri Najib Razak claimed in his parliamentary reply as the Finance Minister to the Member of Parliament for Bagan, Lim Guan Eng, that ...
Tuesday, April 19, 2016

Epic collapse of 1MDB-IPIC debt-asset swap deal means the entire rationalisation exercise has failed and a multi-billion dollar bailout by the Ministry of Finance is in the works

›
Over the past few months, the Prime Minister and his cheerleading cabinet as well as 1MDB President Arul Kanda were bragging about how succe...