Did Zafrul wilfully mislead over ‘US$3.9b’ Goldman deal?

Did Zafrul wilfully mislead over ‘US$3.9b’ Goldman deal? - Hello loyal readers FeedGoogle, In the article you are reading this time with the title Did Zafrul wilfully mislead over ‘US$3.9b’ Goldman deal?, We have prepared this article well for you to read and take information in it. hopefully the contents of the post Article Malaysians, what we write you can understand. Alright, happy reading.

It is very common for politicians from both sides of the divide in Malaysia to lie about facts and misrepresent them to make themselves look good. But that’s not something we expect of technocrats who are brought into government and the cabinet. We would expect that they would be a few steps above many lowly, sly, deceptive and deceitful politicians and at least make a decent attempt to give credit where it is due and not explain away bad settlements by making mistakes about facts. This refers to an interview in The Edge by Finance Minister Tengku Zafrul Aziz defending that US$3.9 billion settlement with Goldman Sachs. That was actually a cash settlement of US$2.5 billion and a guarantee of US$1.4 billion for recovery of monies of at least that much from US$6.5 billion in bonds Goldman Sachs arranged for the infamous 1Malaysia Development Bhd or 1MDB. I had criticised the deal i…