I read the 1MDB’s Chief Executive Officer Arul Kanda Kandasamy’s interview with Indonesia’s news magazine Tempo on the ties between 1MDB and the tycoon-fugive from justice, Jho Low, with amazement.

Arul now claims that Low was actually PetroSaudi Interntional (PSI)’s broker to negotiate a joint venture deal between PSI and 1MDB in September 2009, which I am hearing for the first time.

If so, why why didn’t the Prime Minister, Datuk Seri Najib Razak or anyone in 1MDB or the Malaysian Government make such a claim in the past eight years, and why has such a claim only surfaced now – in April 2018, after the billion-ringgit Equanimity luxury superyacht was impounded by the Indonesian authorites in Bali on the request of FBI in late February?

Has Arul Kanda Kandasamy being paid superlative remuneration as 1MDB Chief Executive Officer to weave fantastic stories and fake news about the 1MDB scandal?

The United States Department of Justice, it its largest kleptocratic litigation to forfeit 1MDB-linked assets in the United States, United Kingdom and Switzerland, alleged that a total of US$4.5 billion was misappropriated from 1MDB by high-level officials of the fund and their associates, including “Malaysian Official One (MO1)”. Read the rest of this entry »