Thursday, March 22, 2018

Come on, Arul, I say, 'Let's sue'.

ARUL, WHY SETTLE DEBTS WHEN 1MDB CLAIMED NOTHING WAS MISSING OR NAJIB DENIED ANY WRONGDOINGS AS OPPOSED TO WHAT SR, WSJ, THE US DOJ, THE SWISS AG AND SEVERAL OTHER NEWS PORTALS AND COUNTRIES CONFIRMING THAT US$4.5 BILLION WENT MISSING, PRESUMABLY STOLEN BY NAJIB AND HIS COHORTS??? THE ONLY REASON WHY NAJIB HAS NOT SUED ANY OF HIS CRITICS IS BECAUSE HE IS GUILTY OF THEFT, BRIBERY AND MONEY LAUNDERING ON A GRAND SCALE!!! AS FOR YOU, YOU ARE NOTHING BUT A PROFESSIONAL LIAR AND A MASTER OF FACT-TWISTING!!!!
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"JOHOR BARU: Only lawyers will gain from lawsuits if 1Malaysia Development Board (1MDB) took legal action against those making baseless allegations about the company, says its chief executive officer Arul Kanda (pic).
He said that proving 1MDB can resolve its debts was of more importance than suing individuals.
"We have sued some individuals for defamation but these Opposition members, who always say 'sue me' will end up using whatever means possible to drag the hearings.
"If we sue everyone, who wins? Only the lawyers will end up richer.
"So for me, what is most important is to prove that we can solve our own problems," he said in replying to a question by a member of the public at a 1MDB discussion session here on Monday (March 19).
Arul said that despite all the claims by the Opposition, the company has been operating as usual.
"Whatever the allegations, 1MDB is still paying off debts and continues its development projects such as the Tun Razak Exchange (TRX) and Bandar Malaysia.
"These developments serve as good evidence to quash the Opposition's tricks in defaming the Government," he added.
He said the TRX project has successfully attracted investments from major companies.
Arul also said the 1MDB assets, largely in the property sector, currently stood at RM43bil, much higher than its total debt of RM31bil.
"It should be understood that the value of the assets will continue increasing from time to time in view of the majority of it being in the property sector.
"The company assets for now is more than enough to pay off the company's debt," he added.
Arul, however, did not deny that the 1MDB management earlier lacked experience and was a contributing factor to its problems.

[Source: TheStar]

Monday, March 19, 2018

Chance meeting ....... hmmmm

A chance meeting between Johor DAP chief Liew Chin Tong and former MCA president Dr Chua Soi Lek has ignited speculation for one Chinese newspaper.
According to Oriental Daily today, which published a photograph depicting the duo at the meet, had insinuated that there were “secret discussions”.
“These are two influential politicians on opposing sides. What were they secretly discussing?” read the report.
Although the photograph was supposed to have been taken on March 9, the Oriental Daily report was published one day after Liew’s candidacy for Ayer Hitam was announced.
The incumbent Ayer Hitam MP is MCA deputy president Wee Ka Siong. It is widely known that Chua and Wee have been on and off rivals in MCA since 2008.
When contacted, an irate Chua stressed that it was a chance meeting in Kluang and there was nothing political about it. Liew is the current Kluang MP.
“We were both attending different functions. What’s wrong with political friends exchanging pleasantries?” asked Chua.
When contacted, Liew confirmed it was a chance meeting but refused to comment further.
[Source: Malaysiakini]