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Monday, May 15, 2017

Arul Kanda remains 1MDB CEO, says Najib

Prime Minister says Arul Kanda will also be involved in the development of the Tun Razak Exchange.
najib-arul-1mdb

BEIJING: Arul Kanda will remain as the chief executive officer (CEO) of 1Malaysia Development Bhd (1MDB).
He will also be involved in the development of the iconic Tun Razak Exchange (TRX), Prime Minister Najib Razak said today.
“I have full confidence in him,” he said.
Arul Kanda has provided good leadership for the resolution of the rationalisation of 1MDB and “he will continue to be there”, Najib, who is also the finance minister, said.
He was speaking to Malaysian journalists at the end of the two-day Belt and Road Forum for International Cooperation here today.
As far as Bandar Malaysia was concerned, Najib said, treasury secretary-general Irwan Serigar Abdullah would be in charge.
“But, Tan Sri Irwan will be in consultation with Arul Kanda with respect to the future development of Bandar Malaysia,” Najib said. -FMT

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