31 Dec '15, 3am

1MDB’s love affair with the Arab world: By Khairie Hisyam | Kinibiz DECEMBER 21, 2015 8:00AM From its first e...

1MDB’s love affair with the Arab world: By Khairie Hisyam | Kinibiz DECEMBER 21, 2015 8:00AM From its first e...

By Khairie Hisyam | Kinibiz DECEMBER 21, 2015 8:00AM From its first ever deal seven years ago, controversial 1MDB has had a persistent association with parties from the Arab world. The pressing question, on account of its mysterious and self-harming decisions while benefitting these friends, is why. ________________________________________________________________________ When it was first set up as Terengganu Investment Authority (TIA) in early 2009, 1Malaysia Development Bhd (1MDB) set out to drive strategic development of national interests. After it was taken over by the federal government by mid-2009, however, the meaning of “strategic” seems to have taken an Arabic flavour. The company’s board of advisors, for starters, count two prominent Middle Easterners as advisors – former Qatar prime minister Sheikh Hamad Bin Jassim Bin Jabr Al-Thani as special advisor while adv...

Full article: http://blog.limkitsiang.com/2015/12/31/1mdbs-love-affair-...

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