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Monday, January 5, 2015

Leading banker chosen to helm 1MDB for communication skills, says Rafizi

PKR's Rafizi Ramli is familiar with the new top man at 1MDB, Arul Kanda Kandasamy, as they had sparred in inter-school debates while in high school. – The Malaysian Insider pic, January 5, 2015.PKR's Rafizi Ramli is familiar with the new top man at 1MDB, Arul Kanda Kandasamy, as they had sparred in inter-school debates while in high school. – The Malaysian Insider pic, January 5, 2015.PKR believes high-flying banker Arul Kanda Kandasamy was appointed as the new CEO of controversial 1Malaysia Development Berhad (1MDB) to engage and diffuse public criticism against the strategic investment firm.
The opposition party's secretary-general Rafizi Ramli said Arul was known as a PR-savvy and effective public communicator due to his background in debating since his secondary school days.
"I believe he was brought on board to engage the public directly. There are many criticisms being heaped at 1MDB which the management cannot deflate, and this translates to political liabilities for the government and Najib," he said in referring to Prime Minister Datuk Seri Najib Razak.
"As such, it is reasonable to bring in Arul as he is not only an investment banker, but also understands investments related to the Middle East as many of 1MDB's joint-ventures and businesses are based in the region," Rafizi told The Malaysian Insider.
Rafizi revealed that he and Arul knew each other since secondary school days, when both were active in the debating circuit.
Arul studied at the prestigious Royal Miliary College while Rafizi was with the renowned Malay College Kuala Kangsar (MCKK).
"He was an excellent and impeccable public speaker," Rafizi said.
- TMI

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