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Thursday, June 18, 2015

1MDB president Arul Kanda Kandasamy says relevant documents are with the authorities and questions from Tun Dr Mahathir Mohamad have been answered. – Reuters filepic, June 18, 2015. 1MDB president Arul Kanda Kandasamy says relevant documents are with the authorities and questions from Tun Dr Mahathir Mohamad have been answered. – Reuters filepic, June 18, 2015. The evidence that Tun Dr Mahathir Mohamad is demanding from 1Malaysia Development Bhd (1MDB) has already been submitted to the relevant authorities and auditors, the debt-laden state investor said today. In an immediate response to the former prime minister's blog post today, 1MDB president and group executive director Arul Kanda Kandasamy said the authorities could take action according to the country's laws, and in due process. He added that the company had already presented Dr Mahathir with all the verified facts and details the latter had previously requested. "(Dr Mahathir's blog post) follows the publication of two earlier blog postings by Tun Mahathir containing a number of factual errors about 1MDB, which the company had immediately responded to, in detail and with verifiable facts. "Now, having been presented with the facts by 1MDB, Tun Mahathir has asked for documentary evidence," said Arul Kanda. "As 1MDB has clearly stated, all evidence and proof relating to 1MDB’s business and financial transactions have been shared with independent auditors and Malaysia’s lawful authorities. "These authorities can then take action accordingly, per due process, and the laws of our country."

1MDB president Arul Kanda Kandasamy says relevant documents are with the authorities and questions from Tun Dr Mahathir Mohamad have been answered. – Reuters filepic, June 18, 2015.1MDB president Arul Kanda Kandasamy says relevant documents are with the authorities and questions from Tun Dr Mahathir Mohamad have been answered. – Reuters filepic, June 18, 2015.
The evidence that Tun Dr Mahathir Mohamad is demanding from 1Malaysia Development Bhd (1MDB) has already been submitted to the relevant authorities and auditors, the debt-laden state investor said today.

In an immediate response to the former prime minister's blog post today, 1MDB president and group executive director Arul Kanda Kandasamy said the authorities could take action according to the country's laws, and in due process.
He added that the company had already presented Dr Mahathir with all the verified facts and details the latter had previously requested.

"Now, having been presented with the facts by 1MDB, Tun Mahathir has asked for documentary evidence," said Arul Kanda.
"As 1MDB has clearly stated, all evidence and proof relating to 1MDB’s business and financial transactions have been shared with independent auditors and Malaysia’s lawful authorities.
"These authorities can then take action accordingly, per due process, and the laws of our country." 

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