MAHATHIR meletakkan asas bagi 1MDB

Sejarah 1MDB bermula sebagai 'Wang Ehsan' pada tahun 2000 di bawah Dr Mahathir, kemudian berubah menjadi TIA pada tahun 2008 di bawah Pak Lah dan berubah lagi jadi 1MDB pada Januari 2009, tiga bulan sebelum Najib mengambil alih sebagai Perdana Menteri. NO Holds Barred | Raja Petra Kamarudin [ Asal Petikan ] < Laporan - Bekas...

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1MDB Mess Clouds Petronas $7 Billion Debt Proposal

(Bloomberg :) -- Malaysia’s national oil company Petroliam Nasional Bhd is paying for troubles at a state investment fund. The yield premium on Petronas’s 2022 U.S. dollar-denominated debt over Treasuries has surged 54 basis points in the last six months after the government said it wasn’t liable for 1Malaysia Development Bhd’s debt and...

Lest we forget series : Past Scandals – The Maminco-Makuwasa Affair

Estimated losses: RM 1.6 Billion Malaysia used to be the world’s leading tin producer accounting for 31% of the world’s output. It was a major contributor to the country’s economy providing employment for more than 40,000 people. In 1985 the world tin market crashed with the price plunging by 50%. Many tin mines in Malaysia had to close as it was no longer economical to operate the tin mines. One of the factors that contributed...