27.07.2015 - 1MDB is a debt not wealth fund
Malaysia's sovereign wealth creation vehicle, 1MDB, is today surviving on a lease extended by the sufferings of the wage earners. It is tax money, fuel price hikes and savings from institutions that seem to head to save 1MDB with urgently needed breathing space on time. And lest we forget, international outfits that are prided by acclaimed institutions, as in the likes of the Goldman Sachs are embroilled in what is turning out to be the heist of the century politically-ringed money trail cutting into several destinations around the world...............................................Full Article: Source
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