Where is the fund redeemed from Cayman Island?
We don't have to QE and our currency is sliding badly.... the effect will be even more worse than those country launching QE.
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From Malaysia Insider:
Pua said the Malaysian financial markets had been jittery over the ability of 1MDB to repay the loan which was part of its total outstanding debts which exceeded RM42 billion.
"This RM2 billion loan itself is part of a rescheduled and restructured debt it couldn’t pay in November 2013.
"The Edge Financial Daily even reported that Bank Negara #Malaysia has summoned the key executives of 1MDB over the issue and warned them of dire consequences should they fail to meet the next deadline at the end of January.
"If 1MDB defaults on the RM2 billion loan, then the entire outstanding debt of 1MDB becomes due," he said.
http://www.themalaysianinsider.com/malaysia/article/has-1mdb-missed-deadline-for-rm2-billion-loan-again-asks-pua#sthash.P6WLLtRN.dpuf
Created by CHONG Kong Hui | Apr 18, 2020
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AyamTua
glotec - cbm gas prospect better than 1mdb yg rugi.
2015-02-11 00:29