1MDB chief executive Arul Kanda Kandasamy has pulled out of his earlier acceptance to a public debate with Petaling Jaya Utara MP Tony Pua, citing key developments that make it no longer possible for him to do so.
He noted that upon recommendations by the bipartisan Public Accounts Committee (PAC), of which Pua is a member, the police have formed a special task force to investigate the PAC findings on 1MDB.
Arul Kanda also said that 1MDB is involved in a public dispute with International Petroleum Investment Company (IPIC).
He noted that upon recommendations by the bipartisan Public Accounts Committee (PAC), of which Pua is a member, the police have formed a special task force to investigate the PAC findings on 1MDB.
Arul Kanda also said that 1MDB is involved in a public dispute with International Petroleum Investment Company (IPIC).
"I am now fully focused on assisting the police, and resolving the IPIC dispute. As such, I cannot engage in a debate which may prejudice 1MDB’s legal position in relation to the investigation and the dispute," he said in a statement.
[More to follow]
-Mkini
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