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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.

By Tang Ruxyn — 25 Mar 2016, 06:02 PM

Cover image via Mole

Arul 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 from BFM
Image via BFM
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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 from SAYS
Image via SAYS

2. On the claims that assets in the PetroSaudi joint venture are worthless

Image from SAYS
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

Image from SAYS
Image via SAYS

4. On the piling international investigations against 1MDB

Image from SAYS
Image via SAYS

5. On 1MDB "claiming innocence"

Image from SAYS
Image via SAYS

6. On the possible public relations (PR) failure by 1MDB

Image from SAYS
Image via SAYS

7. On why the public isn't convinced by 1MDB’s explanations

Image from SAYS
Image via SAYS

8. On Tun Dr. Mahathir Mohammad’s lawsuit against PM Najib Razak

Image from SAYS
Image via SAYS

9. On 1MDB’s business model that puts the country’s financial state at risk

Image from SAYS
Image via SAYS

10. On whether the nation is taking unnessary risk by setting up 1MDB

Image from SAYS
Image via SAYS

11. On the people's perception of the 1MDB controversies

Image from SAYS
Image via SAYS

12. On allegations that Goldman Sachs misled bondholders about 1MDB

Image from SAYS
Image via SAYS

Listen to the full interview here:

Need a refresher on the 1MDB controversy? Here's all you need to know about the scandal, in short, easy-to-watch videos:

5 New Videos By WSJ That Simplify 1MDB Scandal Issues In 48 Seconds

Wall Street Journal's 101 on Malaysia's biggest corruption scandal.

Read the full story

Meanwhile, Tan Sri Irwan Serigar Abdullah, a member of 1MDB's board of advisors, is expected to be named as the new central-bank head:

Move To Make 1MDB Advisor Bank Negara's New Governor Was Objected By Zeti, WSJ Says

The current central-bank governor, Tan Sri Zeti Akhtar Aziz, is retiring next month after 16 years in the post.

Read the full story

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