Apologise for what, Rafidah asks Arul Kanda over Equanimity seizure
1MDB chief executive officer Arul Kanda Kandasamy has noted the absence of apologies from the firm's critics after the Indonesian courts found that the country's police had not lawfully seized the 1MDB-linked superyacht, Equanimity.
However, one of the critics he named, former international trade and industry minister Rafidah Aziz, questioned the need to apologise...
1MDB chief executive officer Arul Kanda Kandasamy has noted the absence of apologies from the firm's critics after the Indonesian courts found that the country's police had not lawfully seized the 1MDB-linked superyacht, Equanimity.
However, one of the critics he named, former international trade and industry minister Rafidah Aziz, questioned the need to apologise.
In an interview with the Singapore Strait Times yesterday, Arul Kanda said the yacht seizure had triggered a "coordinated and sustained" attack on 1MDB.
"There were so many negative comments against 1MDB and the government including by people like Rafidah and (former communication minister) Rais Yatim who had an axe to grind, (they) made all sorts of malicious and misleading statements.
"But (after the Indonesian court ruling) do you see any apology from Rafidah... from Rais... from the opposition politicians who were barking and braying about this issue? I don't think so," he added.
Rafidah, who is known as the iron lady, fired a salvo on Arul Kanda over his remarks.
"Apologise for what? For saying facts?" she asked.
She explained that her comments on the matter concerned the Malaysian authorities' inability to track the yacht or seize it, when the Indonesians could.

Turning the tables, the former minister claimed that it is Arul Kanda who should apologise to the people.
"Stop talking nonsense... Arul should try to explain, truthfully, the 1MDB mess to the rakyat who simply can't accept whatever he has blabbered on so far.
"I believe a lot of apologies are due to the rakyat?" she added.
The Indonesian police seized the Equanimity on Feb 28 in a joint operation off the coast of Bali with the US Federal Bureau of Investigation (FBI).
The yacht's registered owner Equanimity (Cayman) Ltd challenged the legality of the seizure, resulting in the April 17 Indonesian court verdict in their favour.
The court found that the seizure of Equanimity did not follow the procedures laid out by its laws on mutual legal assistance and that the FBI should have requested Indonesia’s assistance via the Ministry of Law and Human Rights instead of the Indonesian police.
It ordered the police to return Equanimity to its claimant Equanimity Ltd.
The superyacht is one of several assets that the US Department of Justice (DOJ) is seeking to seize as part of its 1MDB-related civil forfeiture suits.
The department claimed that businessperson Jho Low had used US$250 million allegedly misappropriated by 1MDB to purchase the vessel.
1MDB has denied that any of its funds are missing.
The Indonesian court ruled on a technicality of the yacht seizure. It did not in any way rule on the legality of the yacht ownership or purchase. For that, you have to refer to the US DOJ who have meticulously traced the money trails of the funds stolen from 1MDB and landing in various private bank accounts of the crooks such as Jho Low and MO1.
Stupid CEO, don't twist the fact. Court ruling said unlawful doesn't meant the purchased of the yacht was lawful. Siphoned money from 1MDB was lawful. My foot.
There is a difference between, whether the yacht was bought with 1MDB money, or , the Indonesian court's rejection of the seizure by the police, on technicality. The court's action does not say that yacht was not bought with 1MDB money. This kind of showmanship by Arul kanda, usually adopted by our govt "leaders", played out to target the simple village folks, who simply are too lazy to think, to see the trickery. They will go to the village to proclaim that Indonesian court has cleared 1MDB, just as Apandi did.
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