Tawau - Prime Minister Datuk Seri Najib Tun Razak said the statement Tun Dr Mahathir Mohamad on 1Malaysia Development Berhad (1MDB) recent convoluted.
"..sekejap Said 1MDB lost RM42 billion after the word was not lost but 1MDB owe RM42 billion," he said in his speech in front of some 40,000 people who attended the program Solidarity with the People of Sabah, Prime Minister Datuk Seri Najib Tun Razak in Padang Tawau Municipal here, today.
Najib stressed that the government has its own way to resolve the issue if 1MDB reprieved.
The Prime Minister explained that when TH (TH) bought a piece of land owned by 1MDB it is an investment and not a 'bailout' 1MDB as TH can gain up to more than RM170 million through the purchase but due to the matter at issue, he advised TH sell the land.
Najib said through the resale of the asset, TH can gain up to RM5 to RM6 million, but at the same time depositors TH own detriment because if the assets remain the property of TH, depositors can gain up to RM170 million.
"But because the issue has been rolled as a hot issue, people say 'you are shooting yourself at your foot', shoot their own feet. This is what I say irrational.
"We are doing something for what? For the good of the people. Divide the opportunity. Every problem we can solve. But given the opportunity to leaders to resolve the matter," he said.
The Prime Minister said after witnessing the strong support given to the people as can be seen in today's rally, he was determined to continue the fight even more excitement flared.
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