UPDATE: 1MDB land surreptitiously sold to Cayman Islands firm
Deal reeks of money laundering as buyer did not seek transfer of titles — source
Deal reeks of money laundering as buyer did not seek transfer of titles — source
"I didn't know about their resignation but what I read is that they resigned on the issue of principle because Khazanah was never set up with the intention of restructuring the economy."
"It is always the prime minister who will make the final decision and I think we (should) leave (the decision) to the wisdom of prime minister."
If her departure materialises, it would be the latest in a string of high-profile departures at government-linked companies.
Three months ahead of schedule...
"...but this CEP had summoned the former chief judge and told him to resign from his position, that was not just an advisory, that was an instruction of immediate resignation."
Minister in the Prime Minister’s Department Datuk Liew Vui Keong: Keep your finger crossed, hopefully by next week. It is in the pipeline as I said before, we will prepare the memorandum and submit to the Cabinet for approval.
“We can see the construction cost is RM32 billion (but) this does not take into consideration other costs which I am sure would rise to RM50 billion.”
"What he is trying to do is to try and renegotiate the loans (received from Chinese banks) and the contracts we have given to Chinese companies because we find that they are costly."
"The reduction of the price is very difficult as far as we can make out. So it will have to be deferred,"