23.01.2015 - Najib duping Malaysians over 1MDB, says DAP
DAP today said Prime Minister Datuk Seri Najib Razak was insulting the intelligence of Malaysians with his “incredulous” claims about 1Malaysia Development Berhad (1MDB). Its national publicity chief Tony Pua questioned Najib's justification that Putrajaya had only committed RM1 million to the controversial sovereign fund. “While it is technically true that the government only invested RM1 million in cash to the company, Najib who is also the finance minister failed to highlight that it also explicitly guaranteed RM5.8 billion of loans as well as issued another ‘letter of support’ which, for all intents and purposes, guaranteed another US$3 billion (RM10.8 billion) of borrowings...............................................Full Article: Source
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