Kini Roundup: 1MDB surprised after billions paid, Muslim preacher courts discontent
Here are the key headlines you may have missed yesterday.
IPIC says Aabar BVI not theirs, 1MDB surprised
Abu Dhabi’s International Petroleum Investment Corporation (IPIC) tells the London Stock Exchange it does not own British Virgin Island-registered Aabar PJS Limited, to whom 1MDB had paid RM4.24 billion (about US$1.367 billion).
1MDB said it is surprised by this because then IPIC managing director Khadem al Qubaisi had shown documents proving the BVI firm is owned by Aabar, which is in turn owned by IPIC.
The payments were for security deposit for bonds and upon cancellation of options given to IPIC for stakes in a power plant, it was earlier reported, according to Public Accounts Committee report.
The PAC Hansard also reveals 1MDB had rushed its first deal – a US$2.5 billion joint venture with PetroSaudi – and neglected due diligence demanded by the 1MDB board so a Saudi royal who had planned a Kuala Lumpur trip could witness the signing.
The Hansard also reveals 1MDB could only show documentary evidence that Good Star Ltd is a subsidiary of PetroSaudi six years after it transferred US$700 million to the firm.
1MDB only got a document confirming that Good Star Ltd belonged to PetroSaudi International six years after it...
Posted by Malaysiakini on Monday, April 11, 2016
Meanwhile, PAC member Tony Pua questions who was putting words into PAC chief Hasan Ariffin’s mouth after Hasan forced national newswire Bernama to retract a report quoting Hasan as accusing Pua of “political opportunism” and “being annoying”.
Split views on Zikir along religious lines
Police order the cancellation of a talk on similarities of Hinduism and Islam by Indian national Muslim preacher Zakir Naik at a university in Malacca on April 17, after police reports were lodged by Indian-based parties and organisations.
Inspector-general of police Khalid Abu Bakar also instructs cancellation of an April 16 lecture on whether the Quran is the word of God, in Kuala Lumpur.
Muslim organisations like Isma, NGO Perkasa and Umno Youth are up in arms over this while lawyers say this is a breach of freedom of speech .
Other Kinibites
Election Commission will meet on Thursday to set the election dates for Sarawak after the dissolution of the state legislative assembly yesterday.
Former prime minister Dr Mahathir Mohamad says he did not call for foreign intervention to oust PM Najib Abdul Razak in the interview with The Weekend Australian , but merely described how Najib should resign on his own accord.
The Department of Civil Aviation suspends Malaysia’s first syariah-compliant airline Rayani Air’s operations licence for three months after a strike by pilots over non-payment of salary.
Businessman Deepak Jaikishan’s lawsuit against former minister Sabaruddin Chik struck out because Deepak did not appear in court.
Looking ahead
Najib to speak at Invest KL – an annual international conference held in Kuala Lumpur featuring the movers and shakers of the business world.
Home Minister Ahmad Zahid Hamidi to brief Asia representatives in Malaysia on the country’s safety.
PKR de facto leader Anwar Ibrahim to represent himself in two court cases in the Kuala Lumpur High Court, including against the Pardons Board.


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