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> Finance Ministry appoints new 1MDB BoD, 3-member board

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TSneoexcaliber
post May 31 2016, 03:42 PM, updated 8y ago

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Malaysia’s Finance Ministry announced today a new board of directors for scandal-hit 1Malaysia Development Berhad (1MDB), after the previous board was dissolved following a parliamentary inquiry into the state fund.

The new three-member board would be chaired by Mohd Irwan Serigar Abdullah, secretary-general of Treasury for the Finance Ministry, and includes Norazman Ayob, senior private secretary to the chief secretary of government, and Kamal Mohd Ali, chief operating officer of Prokhas Sdn Bhd, an advisory and project management firm owned by the Finance Ministry.

The ministry also said in a statement that “tangible progress” is being made on transfer of ownership of 1MDB’s real estate assets - Bandar Malaysia Sdn Bhd, TRX City Sdn Bhd, Air Itam lands and Pulau Indah land - to the Finance Ministry.

https://www.malaysiakini.com/news/343605

A completely new BoD with only 3 people on board. Another step closer to being a shell company I suppose. Still no news from our authorities on the progress of the investigations and everyone else is busy arguing on Hudud. Mission accomplished.
TSneoexcaliber
post May 31 2016, 03:52 PM

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QUOTE(batmang @ May 31 2016, 03:43 PM)
So nobody goes to jail?
*
Investigations are still in progress but you're better off relying on foreign authorities.
SUSMatrix
post May 31 2016, 03:54 PM

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All gov people.

LOL.


nearlee
post May 31 2016, 03:54 PM

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Bijan: nampak tak permainan saya

Nearlee



SUSMatrix
post May 31 2016, 03:54 PM

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QUOTE(batmang @ May 31 2016, 03:43 PM)
So nobody goes to jail?
*
Along with the previous Directors, all the evidence are DISSOLVED as well.
arubin
post May 31 2016, 04:00 PM

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What happened to Najib's declaration that 1MDB will leave behind a real legacy? What sort of legacy is this when it has to be winded down?

Macai buli tolong explain?
xxboxx
post May 31 2016, 04:03 PM

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"Malaysia’s Finance Ministry announced"

The dept can talk by itself??
Why there's no mention of the spoke person?
Chaud
post May 31 2016, 04:05 PM

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another bunch of songlaper
jubz
post May 31 2016, 04:05 PM

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QUOTE(arubin @ May 31 2016, 04:00 PM)
What happened to Najib's declaration that 1MDB will leave behind a real legacy? What sort of legacy is this when it has to be winded down?

Macai buli tolong explain?
*
legacy: biggest mystery in the bolehland
max_cavalera
post May 31 2016, 04:28 PM

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Lol another 3 yesman

Apa beza???
Jigoku
post May 31 2016, 04:29 PM

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QUOTE(max_cavalera @ May 31 2016, 04:28 PM)
Lol another 3 yesman

Apa beza???
*
Ada beza this time is he elect one icon_idea.gif

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