This is investigative journalism at its best. The documents and email they have disclosed reek of massive criminal conduct by 1GDB, Jho Paris Hilton, some Saudis, UK/USA bankers and BUMNO/SCUMNO's IPP cronies who fleeced it for billions. E.g., instead of buying the IPP's for a song, they ended up paying $billions and then immediately wrote-off goodwill impairment of some RM2 billion in its accounts. Jho Paris Hilton set up off-shore dummy corporations to facilitate CBT and fraud. The PetroSaudi deal is a straight out-and-out case of CBT and fraud.
Whatever excess cash 1GDB raised has either been invested in quoted/listed foreign funds which, if sold now, would result in an unacceptable huge loss, or has been loaned out (fraudulently) without adequate security or properly documented contracts to the likes of the Saudi's and private corporations which just now cannot/ will not return the moneys. This has to be the reason 1GDB is unable to service its debts as and when they mature, and why they are hiding these "investments" in the balance sheet behind carefully worded items such as "segregated portfolios" which are not written down to current market values. One of 1GDB's $Billion fund managers is a unknown Hong Kong based firm handpicked by Jho Paris Hilton. This is why 1GDB has not posted it's full or abbreviated financiastatements ever, at its official website!
Donplaypuks® with an insane PM!