It’s business as usual at 1MDB, new chief assures staff there is no immediate change

AT the start of the interview in 1Malaysia Development Bhd’s (1MDB) office in Kuala Lumpur, the newly minted man at the helm of the government-owned investment fund, Arul Kanda Kandasamy, pointed out that they want to be as transparent as possible on their workings.

However, the London-trained lawyer-turned-investment banker confessed that he had yet to look at the “tonnes of documents” sitting on his table to reply to all the questions thrown at him.