Aziz Sheikh Fadzir believes the Finance Ministry still owes PAC some answers.
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As an ordinary member of the public, I find Umno supreme council member Mohd Puad Zakarshi’s statement as most illogical.
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UPDATED 10.20PM | Umno leader claims 1MDB will not assume principal payments for bonds.
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This is in view of the reported settlement reached between Malaysia and IPIC, says Tuan Ibrahim Tuan Man.
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MP SPEAKS | Taxpayers will end up paying US$7 billion to settle US$3.5 billion in bonds.
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UPDATED 7PM | IPIC seeking a total of US$6.5b, negotiations on payments made by 1MDB to 'certain parties' will continue.
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‘It is being done by 1MDB with PMO’s officers,’ says the finance minister II.
0UPDATED 2.39PM | The PAS deputy chief says the present settlement is not the end of the story, pointing to the US$3.5b question.
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PKR leader wants minister Johari Abdul Ghani to address questions on the imminent 1MDB-IPIC settlement.
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A report says the settlement may result in what is legally known as 'no predicate offence'.
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Singapore daily cites sources as saying the agreement would see 1MDB pay IPIC US$1.2 billion by year end.
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The ministry cannot reveal details as it is bound by court guidelines, it says in written reply to a query in Parliament.
0There is disagreement over how much money 1MDB should pay IPIC.
0UPDATED 2PM | Irwan Serigar Abdullah also denies claims 1MDB is seeking China’s aid to settle IPIC debt.
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COMMENT | It is time for Najib to come forward to tell the whole story, now or never!
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The second finance minister sees no reason to drag China into the matter.
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UPDATED 7.54PM | According to the Financial Times, China has been approached as a source of funds for 1MDB.
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UPDATED 7.30PM | IGP says police are waiting for further orders from the Attorney-General's Chambers.
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UPDATED 12.02PM | Khadem under probe for alleged fraud, money laundering and corruption.
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This is to avoid US$6.5 billion dispute from dragging on, should it go to arbitration, says Finance Ministry.
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Khadem al-Qubaisi rose rapidly from obscurity to helm IPIC and his fall was even faster.
0The state-owned fund says it's confident of its legal position.
0PARLIAMENT | UPDATED 6.06PM The amount meant for IPIC's subsidiary Aabar PJS went missing, but PM says there’s no gov’t guarantee on it.
0Tony Pua accuses Najib of hampering investigations to uncover possible fraud with regard to 1MDB.
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