1MDB hits out at Nazir Razak

(Bernama) – 1Malaysia Development Bhd (1MDB) has hit out at Datuk Seri Nazir Razak for his speculative opinions on certain statements made by former advisor Tan Sri Datuk Dr Abdul Samad Alias on Monday.

“We regret to note that today, third parties such as Nazir, who have no direct knowledge of the facts, are issuing speculative opinions,” the company said.

1MDB, in a statement here, confirmed that its President/Group Executive Director Arul Kanda Kandasamy met Abdul Samad in January and March to discuss the company’s affairs.

“Arul shared with Abdul Samad details of the 1MDB strategic review and rationalisation plan.

“This included a slide presentation which showed the extent of future debt and interest obligations of the company, and a discussion on proposals to address the key issues facing the company,” it noted.

Meanwhile, 1MDB said the company did not receive any ‘repeated requests’ for information as claimed by Abdul Samad.

It said 1MDB audited financials were publicly available documents and the company would most definitely have been able to share these with Abdul Samad had such a request been made or indeed repeatedly made, as claimed by Abdul Samad.

Abdul Samad also had the contact details of various 1MDB Board members, including Arul’s mobile phone number, the strategic investment company said.

“It is, however, important to 1MDB that we properly address the concerns raised by Abdul Samad.

“The 1MDB Board of Directors has today sent a letter to Abdul Samad to seek a meeting with him to discuss and clarify any outstanding concerns,” IMDB said