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[NEWS] One more major Malaysian scandal to be unveiled soon: Lim Guan Eng

Discussion in 'EDMW' started by boogeymonster, Jun 15, 2018 at 2:50 PM.

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    1. boogeymonster

      boogeymonster Senior Member Pioneer Generation

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      Najib liable for 1MDB's problems; one more major scandal to be unveiled soon: Lim Guan Eng
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      By Sumisha Naidu @SumishaCNA
      14 Jun 2018 10:16PM (Updated: 15 Jun 2018 08:57AM)
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      KUALA LUMPUR: Malaysia's former prime minister and finance minister Najib Razak is fully responsible for the problems plaguing 1Malaysia Development Berhad (1MDB), says Finance Minister Lim Guan Eng.

      In an interview with Channel NewsAsia's Conversation With, Lim said he personally believed the former advisor to 1MDB was liable for the billions of dollars of debts faced by the "insolvent" state investment firm.


      Malaysia's debt and liabilities exceeding US$251 billion - higher than what was disclosed by Najib's government, according to Mahathir's administration.

      Lim said: "To be frank, I thought things would not be that good but we never expected it to be that bad.

      "You know, the first file that they gave to me to sign was to pay 1MDB debts. Then I was thinking I was signing something that would benefit ordinary people. Instead, I have to sign the debt payment by the Malaysian government on behalf of 1MDB.

      "Then I said, 'I'm not going to do that' ... The first document or the first approval that I sign, I don’t want it to be 1MDB. But I signed that later, of course."

      The former Penang chief minister said he then discovered that the Malaysian government had already paid RM7 billion (US$1.7 billion) on behalf of 1MDB and up to RM50 billion is due in the years to come.

      The new government is now focused on fiscal reform and anti-corruption measures, with many senior officials facing the sack or resigning in the process, including central bank governor Muhammad Ibrahim.

      "We should feel fortunate that we are able to change the government now," Lim said.

      "If the previous government is given another term, I think the RM1 trillion - that will become easily RM3 trillion. So by that time, nothing we do will be able to save the country.

      "I would even think that we would be beyond salvation then."

      Lim told Channel NewsAsia another major scandal "related to the finance ministry" would soon be unveiled to the public.

      "We hope to uncover all these within a hundred days. So after that we can move on," he said.

      "And I think that’s where the cleaning up begins ... once the stock-taking is done, the cleaning up is done, the detoxification is completed, Malaysia can get back on track again."


      Read more at Najib liable for 1MDB's problems; one more major scandal to be unveiled soon: Lim Guan Eng
       

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    2. vinn

      vinn 财神爷 Pioneer Generation VIP

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      jib kor is for the rakyat! jib kor lumber 1!
       
    3. kandidate

      kandidate Member

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      If the funds were misapproproated by najib, I wonder how much has been recovered to date ever since lim took over.
       
    4. Satki

      Satki Senior Member Pioneer Generation

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      Must trace

      But what if neighbouring countries are involved

      How?
       
    5. BigBird

      BigBird Senior Member Pioneer Generation

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      Akan datang

      Proton!

      Dr M baby project.
       
    6. XianGe

      XianGe Senior Member Pioneer Generation

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      Really lucky they din let jib kor win
       
    7. metalrover

      metalrover Senior Member Pioneer Generation

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      难道是....o_O
       

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