YOURSAY | ‘So, where are 1MDB’s audited accounts for 2015 and 2016 and the balance sheets?’

PM: 1MDB has cleared its bank debts, short-term debts

Vijay47: PM Najib Razak, I will accept that your (again written) to MP Er Teck Hwa (DAP-Bakri) is the truth and nothing but the truth. But it is not the whole truth.

You stated only that 1MDB has cleared all its bank and short-term debts, which it might well have done. You also added that no new assets were acquired by 1MDB in the last two years, which again it may not have done.

Perhaps you can inform us the total sum owing now by 1MDB to parties and institutions apart from banks, including amounts other than short-term loans.

Further, since 1MDB had no assets or income-earning sources to write home about, it would be interesting to know how the company managed to pay off RM3.3 billion (in interest from April 2013 to March 2015). More Arabs?

Telestai!: Unfortunately the PM's words cannot be accepted in toto as he has demonstrated his expertise in mincing words, literally.

Just because he said 1MDB has no "bank debts and short-term debts", it doesn't mean it has no borrowings. Here are some examples of borrowings that are not "bank debts and short-term debts":

a) Long-term borrowings such as bonds, both in local and foreign currencies.

b) Medium-term loans from the government or government agencies.

c) Bilateral medium/long-term loans from non-banks such as insurance companies, investment houses, etc.

Rupert16: 1MDB was set up by Najib using government money, and then the company borrowed money using government money under government guarantee to buy over-priced assets.

On top, the company is given government land at ridiculously low price to boost its value. Now it's again the government repaying the debts. So how can Najib say that 1MDB has settled its short-term debts?

At the end of the day, we all know that it is not 1MDB settling its huge debts. It is the government, and hence the taxpayers, present and future, footing the bills.

Anonymous #21828131: So now, the US Department of Justice (DOJ) can close their files. Jho Low is free and no criminal charges will be instituted against him by DOJ.

All the allegedly embezzled and laundered monies by Jho Low and his associates, including the funding of ‘The Wolf Of Wall Street’ movie and paying off of gambling debts in Las Vegas, siphoning funds in the Caymans under several accounts, 1MDB's illusionary subsidiaries like Good Star, Jho Low's counterfeit accounts and other accounts opened under a certain person called Eric Tan, and all the cases brought against these alleged money launderers are absolved since Najib has come out with this all-powerful written answer in Parliament.

The only sad thing is that he was too chicken to answer these questions himself in Parliament.

Vision2020: No amount of clarifications from MO1 (Malaysian Official 1) can clear his integrity and dignity unless MO1 can openly sue the Wall Street Journal and Sarawak Report, challenge the lawsuit by DOJ, and tell Singapore Monetary Authority that the closure of Falcon Bank and BSI had nothing to do with his alleged 1MDB money in his back account.

Donplaypuks: So, where are 1MDB’s audited accounts for 2015 and 2016 and the balance sheets?

When we have those and are able to study them, then we will respond. Otherwise, it's status quo - 1MDB has debts of RM53 billion.

Also, nothing changes. Najib and 1MDB's top directors and executives have allegedly committed massive multi-billion-ringgit fraud and cover-up.

Spinning: Yes, when will 1MDB independently audited financial reports for March 2015 and March 2016 be released for the public to be scrutinised?

Will March 2013 and March 2014 accounts be re-audited since Deloittes have withdrawn their audit opinions?

RM2.6 Billion Turkey Haram: Najib, I have been searching on the internet looking for a PM who has absent himself from parliamentary session more than you, but sadly I could not find one.

And, I wonder whether Malaysians should be proud of you. I guess we should because you have set a world record for this rare feat.

Anonymous Hotplate: So, with this statement from Najib, there won't be any need for GST (goods and services tax) and there will a sharp decrease in all prices of essential commodities.

Dr M: How will 1MDB repay the rest of the RM40b debt?

Mushiro: Former PM Dr Mahathir Mohamad has correctly listed down again the details of the 1MDB debt.

Najib's written answer in Parliament has raised more questions than answers. Why give such a lame answer in Parliament when sharp people like Dr M, Tony Pua, Rafizi Ramli, etc, are only waiting for Najib to make a blunder?

Clever Voter: Najib is not stupid enough to be exposed so openly when he already knows what's next. Luckily, he has China as his banker.

It wouldn't be surprised if in the next few years we will see the domination of Chinese conglomerates in construction, infrastructure, and even transport.

Legitimate investors are welcomed but so-called foreign investment that are linked to dodgy deals can set a very dangerous precedence.

NNFC: Najib’s answer to Parliament is incomplete and not in the spirit of complete disclosure. Our Parliament is obviously in need of overhaul.

Anonymous 2460541488536656: I doubt there is going to be an answer for these series of incisive questions by Mahathir on 1MDB debts.

Dr M should have been a lawyer!

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