By KINIBIZ
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.
Issues
#1
Sketchy details have emerged over a US$3 billion debt which 1Malaysia Development Bhd has secured while its latest annual report for the year to Mar 12, 2012, reveals continuing serious concerns ...
#2
1Malaysia Development Bhd’s latest available annual report indicates a worrying trend. It shows an unravelling of a dubious loan to little-known PetroSaudi International only to invest the ...
#3
In the third of our second series of articles on1MDB, KiniBiz takes a detailed look at the latest available accounts and comes up with some interesting nuggets. A new company SRC International ...
#4
US investment powerhouse Goldman Sachs is intimately involved with 1Malaysia Development Bhd’s major bonds issues totalling some RM15 billion, three quarters of the RM20 billion bond issues the ...
#5
So far, strategic development company, 1Malaysia Development Bhd or 1MDB has released two statements which attempt to answer many questions raised in two series of articles in KiniBiz and reports ...
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