16.11.2015 - 1MDB explains Brazen Sky fund unit redemptions
At the Forum Perdana in PWTC (on Saturday), Arul Kanda, the president and group executive officer of 1MDB, provided a detailed briefing on 1MDB and replied without reservation to various pointed and pertinent questions raised by the audience. This briefing was open to all Malaysians and covered by various media organisations, including alternative media. 1MDB regrets to note that one wrong headline relating to financial costs by The Malaysian Insider (which was subsequently corrected), appears to have been widely and wrongly circulated, including in an Instagram posting that appears to have originated from one Dato’ Sri Nazir Razak. Further, 1MDB notes that a number of online news portals and certain bloggers have in the course of today raised queries relating to the Brazen Sky fund unit redemptions, which was another topic covered at the briefing...............................................Full Article: Source
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