Tumble dry spin

The critics, manipulators and liars of 1MDB for their sordid political agenda in the effort to demonise Prime Minister Dato’ Sri Mohd. Najib Tun Razak have been caught spinning in their own recycled obsolete manipulation, fabrication and lies.

NST story:

Tony Pua recycling allegations, says Arul Kanda

14 AUGUST 2015 @ 12:13 PM KUALA LUMPUR: Allegations against 1Malaysia Development Bhd (1MDB) by Member of Parliament Tony Pua are recycled, its President and Executive Director Arul Kanda said. “We note that YB Tony Pua has yet again recycled various allegations, which have in fact been answered by 1MDB since January 2015 via 48 press announcements that can be easily obtained on our website,” he said.

In addition, he said, the Auditor-General has presented an interim report answering many of the questions raised, in early July to the Public Accounts Committee (PAC), of which Tony Pua is a member, and has committed to issuing a final report by the end of 2015. Pua is no doubt aware that 1MDB is the most investigated company in Malaysia, said Arul Kanda.

“We have shared, and will continue to share, all relevant information to the lawful investigating authorities such as the Auditor-General, Attorney-General, Bank Negara Malaysia, PDRM (The Royal Malaysian Police), MACC (Malaysian Anti-Corruption Agency) and the PAC,” said Arul Kanda in a statement here today.

He said these independent, thorough and professional investigations are the appropriate forum to determine the truth about 1MDB. A trial by certain media or by certain opposition politicians, outside of due process and the requirements of the law, will not benefit anyone, he said, adding 1MDB is very much focused on the implementation of its rationalisation plan, which is going full steam ahead despite Pua’s recycled allegations.

“We are committed to stabilising the company, meeting our debt obligations and delivering strategic projects of national importance: Tun Razak Exchange, Bandar Malaysia and Edra Energy Bhd,” he said.–BERNAMA

Read More : http://www.nst.com.my/node/96124

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This is in the immediate response of DAP Chief Startegist and Petaling Jaya MP Tony Pua challenging 1MDB President and Group Executive Director Arul Kanda to a public debate.

The Malay Mail Online story:

Tony Pua challenges Arul ‘open book’ Kanda to public dialogue

Friday August 14, 2015
01:35 AM GMT+8
KUALA LUMPUR, Aug 14 — DAP’s Tony Pua has challenged Arul Kanda Kandasamy to a public face-off over 1Malaysia Development Bhd (1MDB) to prove the latter’s categorisation that the state-owned firm was an “open book to investigation”.

Latching on to the 1MDB chief executive’s remark from an interview televised on Wednesday, the Petaling Jaya Utara MP also labelled Arul’s statement insincere and pointed out the information about the firm largely came from third-party sources including two newspapers and a website that were now banned.

“In fact there are so many simple questions that 1MDB has refused to answer in a straightforward and forthright manner. For example, is it true that 1MDB’s group debt has increased from RM42 billion to nearly RM50 billion to date?

“Why can’t Arul Kanda answer these questions to allay the fears of the public and the suspicion of gross mismanagement and misappropriation taking place in the wholly-owned Ministry of Finance subsidiary?” Pua asked in a statement.

The DAP national publicity secretary then said that the people most responsible for the firm’s damaged credibility were its executives for not being forthright and accountable.

Reminding Arul of the invitation he first made in January, Pua said such a debate was especially timely now given the over 20 per cent decline in the ringgit’s value versus the US dollar this year, which the DAP MP said may be due to the firm’s “battered image.”

“Surely, Arul Kanda can’t be afraid of someone whom he claims got all his facts wrong?”

In the interview broadcast by TV3 on Wednesday, Arul described 1MDB as the “most investigated company” in the country and “an open book with many investigations”.

He also lamented the postponement of the Public Accounts Committee (PAC) inquiry into 1MDB, saying that the firm was eager to respond to the allegations against it.

The PAC hearings were suspended after its chairman and three Barisan Nasional MPs were brought into the Najib administration, prompting Dewan Rakyat Speaker Tan Sri Pandikar Amin Mulia to halt its proceedings until a new chief is appointed.

The Cabinet has since refused to convene an emergency parliamentary sitting to appoint new members to the PAC, meaning the soonest that the watchdog can recommence its probe is in October when Parliament is next due to meet.

Prior to the suspension, the PAC had scheduled August 4 and 5 to question Arul and his predecessor, Datuk Shahrul Ibrahim Halmi, as part of their investigation into the state-owned firm’s dealings.

– See more at: http://www.themalaymailonline.com/malaysia/article/tony-pua-challenges-arul-open-book-kanda-to-public-dialogue#sthash.TQGsKZol.dpuf

*****************

Many of the critics, manipulators and outright liars of spinning and fabricating matters pertaining to 1MDB have been caught of-guard and with their pants down to the forth-rightness of Arul in an hour long Soal Jawab which was aired on TV3 two night ago.

Arul was very casual to state that 1MDB is the most investigated corporation in the country and they are very co-operative and transparent with the investigators and authorities, in determining the true picture about the Group and all the allegations made against them.

Pua accused 1MDB “1MDB committed the same offence but at a grander scale that Justo and Sarawak Report were doing”.

The challenge by Pua for Arul to go into the ring and do a shout-box is really immature. Arul would never be drawn into the political circus just to facilitate Pua’s bankrupt politics dwindling down.

Pua isn’t the only personality out to demonise Prime Minister Najib by attacking 1MDB with slander and lies. As the day goes by, this group of diverse people are losing steam and traction.

Hence, they have to resort to recycling their earlier allegations, which have proven to be addressed in some of the 48 media statements and releases issued by 1MDB. More and more facts have surfaced to substantiate that their allegations, attacks and lies are defective.

Of course, they have to re-invent and re-package their attacks and slander as well, to sordidly make it relevant and ‘fresh’.

Till then, we are continuously presented with these circus stunts which are fast losing audience and attention they crave. Truth will emancipate those who have been wrong. On the other hand, truth also isn’t that sassy and juicy for them to sensation and spin into controversial scandals.

Probably, in time the general public would find watching the tumble drier spin is more entertaining, if not mere educational. The very least, its science.

Published in: on August 14, 2015 at 15:00  Comments (4)  

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4 CommentsLeave a comment

  1. Tumble dry spin after laundering public funds??

    “Open book” declaration by Arul leads to 2.6 billion pages of blank sheets.

    What is the point of openness when there really is nothing in that book to allay the concerns of Malaysians??

    How can it be recycled allegations when Arul himself FAILED to attend the PAC sesion??

  2. cant blame Tony pua chu kang for recycling the story since Najib & co also keep on respinning the issue….

  3. Which other SWF anywhere in the world needs “another six months” to pare down it’s debts and get it’s house in order?

    Oh, I forgot. 1MDB isn’t a SWF.

    How remiss of me!

  4. […] Since there is no new materials that Pua could harp on, which also include the fabricated ones, he decided to recycle all materials and angles. […]


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