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Issues  |  APRIL 22, 2013 12:36AM

1MDB Revisited: More questions than answers

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We revisit 1Malaysia Development Bhd as sketchy details have emerged over a US$3 billion debt it has secured while its latest annual report for the year to Mar 12, 2012, reveals continuing serious concerns about the way some RM7 billion funds have been spent. Meantime US firm Goldman Sachs has emerged as a major player in 1MDB’s bond issues and some issues by the Sarawak government earlier. In a series of articles we take a look at the latest developments at 1MDB which raises more questions than it provides answers.



 
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