Arul's Kanda (pic's) allegedly lying about should be dismissed following a US $ 1.1 billion non-existent in Singapore, says DAP Tony Pua. - File Photos
Kuala Lumpur: DAP national publicity secretary Tony Pua's 1Malaysia Development Berhad is calling for the removal of (1MDB) President and Group Executive Director Arul Kandasamy Kanda allegedly lying about the non-existent Singapore US $ 1.1 billion (RM3.97 billion).
In a statement, Pua 1MDB of the ongoing investigation of Prime Minister Datuk Seri Najib Tun Razak could affect 1MDB board of directors and immediately relieve him of his duties must Arul's Kanda.
"Monstrous failure of a prime minister and 1MDB guilty for the sins of the Board of Directors will blur the Kanda immediately dismiss Arul," Pua said.
He said the company "now we are a company in the Cayman Islands registered fund by investing $ 2,318 billion was redeemed." January 13 Arul Kanda's statement cited
He is 1MDB $ 2,318 billion investment in the Cayman Islands was sold and the money received 1MDB said that by means of redemption.
"Arul's Kanda published February 7 an interview with Business Times in Singapore confirmed the estimate.
"They amount to $ 1,103 billion in funds will not be back in Malaysia, while interest payments of about 400 million US dollars, which come to $ 6.5 billion in bonds out there, as, It will be conducted in US dollars a year. "
"1MDB President noted in particular, cash and in US dollars in our accounts. I (about it) ... I can assure you that the statements I have seen '," Pua in said.
Najib also Pua US $ 1.103 billion in cash held in Singapore on March 10, was standing with BSI Bank in writing that it is confirmed.
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