How come 1MDB already settled their debt, Tony Pua?

This statement came in yesterday in our Whats App and is already in today's papers:

Media statement by Arul Kanda, 1MDB President and Group Executive Director

Issued on 13 February 2015
For immediate publication

RM2 BILLION LOAN SETTLED IN FULL

"I can now confirm that 1MDB has settled, in full, a RM2 billion loan owed by an operating subsidiary of ours to Malaysian banks. The loan was settled in advance of the due date, per the terms of the loan facility agreement. With the settlement of this loan, I reaffirm 1MDB’s commitment to continue meeting all our debt obligations as they become due”.

In our posting 1MDB: Anonymously Sourced Allegation [read  here], Tony Pua had strongly championed this allegation that 1MDB had defaulted on an RM2 billion loan. In addition, one ex-banker was "screaming loudly" that public money at RHB and Maybank was squandered away.

How come? Is 1MDB lying? Pail Stadlen must be drunk and got our of bed with a strange woman next to him.

But, this is an official statement. They can't do that.

1MDB can get sued and government can get voted out for lying. Tony Pua and that ex banker must explain this to help us get out of this confusion. The truth, verifiable truth must be told.


Only yesterday, NST had published this Reuters report of Tan Sri Ananda Krishnan. The same Reuters report can also be found in The Malaysian Insider here.

From a business perspective, it does not matter how one skin the cat as long as it got skinned. Can Ananda confirm this first because it will knly make anonymous sources look bad.

Will that mean 1MDB will be able to get it's energy subsidiary listed on the Bursa?

The Reuter report was not based on confirmed sources but still anonymous sources. Then, it should be reminded that anonymous sources have it's hit and misses unlike confirmed sources.

The last we checked Reuters is still a news agency and has not turned into an agency for blogs and bloggers. While Tony Pua was a blogger.

If Tony Pua missed on this again, he will unfortunately be looking increasingly like a goblog and not the Oxford graduate in PPE he is. His business venture, Cyber Village bankrupted, representing someone else's neighbourhood in parliament and now goblog.

Maybe time to return to Tanjong Labuh, Batu Pahat and help his body building dad rear chicken.