Arul is against termination of Bandar M'sia deal, says source

Arul Kanda Kandasamy may be diplomatic about his removal from key positions at Bandar Malaysia Sdn Bhd and TRX City Sdn Bhd, but speculations on the real reasons behind this remain rife.

According to The Malaysian Insight, Arul Kanda, who is the 1MDB president, posed a "conflict of interest" to the company.

A government source told Malaysiakini that the real reason behind Arul Kanda's fate was his opposition to the termination of the Bandar Malaysia deal with Iskandar Waterfront Holdings (IWH) and China Railway Engineering Corp (CREC) consortium...