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Ex-1MDB CEO Arul clueless on company's 'investments': Pua

This article is 2 months old

The Kuala Lumpur High Court was told that the former chief executive officer of 1MDB Arul Kanda Kandasamy was absolutely uncertain as to what the value of the 1MDB’s “investments” were or whether they even existed in the first place.

Former Damansara MP Tony Pua said this while testifying as the plaintiff’s second witness in the US$6.59 billion (RM28.1 billion) civil lawsuit filed by 1MDB against Arul and former Treasury secretary-general Mohd Irwan Serigar Abdullah.

Pua, 52, who was appointed as political secretary to then finance minister Lim Guan Eng in 2018, said he...

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