1MDB land surreptitiously sold to Cayman Islands firm
By Sangeetha Amarthalingam – The Edge Financial Daily From The Edge Markets This article first appeared in The Edge Financial Daily, on July 30, 2018. KUALA LUMPUR: Despite a freeze imposed by the Penang state government on transactions involving 1Malaysia…
1MDB says repatriating funds from Caymans will expose cash to market fluctuation
By Eileen Ng From The Malaysian Insider One of 1MDB’s key property investments is the Tun Razak Exchange in the heart of Kuala Lumpur. The strategic development company believes its long-term investments in property and energy are sound and will…