news

The agreements that sucked RM6b out of govt funds

Najib described the 1MDB-IPIC deals as “swapping assets with debts” and said that 1MDB will obtain US$6 billion in total from the series of agreements, without elaborating. He also urged the present government to disclose the settlement agreement to the public.

READ MORE
news

‘Funds diversion an executive decision, practised even today’

When asked if the diversion of the funds by Najib and Irwan breached any procedures, Muhammad Shafee said: “Not from my client’s perspective. This has been done many, many times before, even today. “At least two payments have been made by the current government to IPIC. So how did they meet the deadline?” questioned Muhammad Shafee.

READ MORE