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Singapore's NRA Capital emerges as valuer of 1MDB's Cayman investments

The investments were one of two "level three assets" - assets that are deemed illiquid - worth over RM13 billion
Friday, April 15, 2016 - 05:50

More revelations: 1MDB's auditor Deloitte told the Public Accoutns Committee that it met with the valuer that gave input to the fund administrator, who came up with the valuation statement.


SINGAPORE's boutique finance house NRA Capital was roped in to value 1Malaysia Development Berhad's US$2.318 billion controversial Cayman Islands investment by fund manager Bridge Capital Partners.

This was disclosed in the Hansard transcripts on the hearings of Malaysia'

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