For 1MDB, it cannot be business as usual
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Anita Gabriel
THE high-profile probe into 1Malaysia Development Bhd (1MDB) may appear frustratingly slow with nary an update on its progress, but the state-backed firm's plan to divest land parcels in the Tun Razak Exchange (TRX) financial district to overcome its anaemic cash position is clicking at a higher pace.
There is something unsettling about that.
Can it truly be business as usual for 1MDB amid a looming probe and widespread allegations over misuse of funds? The other gnawing point: no one appears to have been hauled up so far for questioning, even though none of the allegations against the firm and individuals involved in the firm's dealings has been convincingly denied.
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