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Friday, August 14, 2015

THE MOTHER OF 1MDB: WHEN THE TIME COMES, I WILL REVEAL ALL - ex Terengganu MB warns Najib

THE MOTHER OF 1MDB: WHEN THE TIME COMES, I WILL REVEAL ALL - ex T'ganu MB warns Najib
Former Terengganu menteri besar Ahmad Said has claimed to have more dirt on 1MDB's predecessor, the Terengganu Investment Authority (TIA).
"I am keeping some for now, but when the time comes I will reveal all," he told delegates at the Kemaman Umno division annual meeting today.
Ahmad, who is also Kemaman Umno chief, had previously revealed that TIA wanted to use Terengganu's oil as collateral.
Critics have dismissed the revelation as sensationalism by Ahmad, but the former menteri besar swears it is true.
In his speech today, Ahmad said Terengganu ruler Sultan Mizan Zainal Abidin did not know of TIA's plans until it was revealed by a lawyer who was supposed to get the proposals approved.
It was after that, he said, Terengganu decided to pull out of the investment body.
TIA has since become the debt-ridden investment fund 1MDB.
Prime Minister Najib Abdul Razak has said he would solve the firm's debt problems within five months. - M'kini

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