Banyak asset 1MDB sukar untuk dicairkan

freebird

PETALING JAYA: Investigators poring over the books of 1Malaysia Development Bhd (1MDB) feel that almost RM13bil of its assets that have been classified as available-for-sale cannot be easily liquidated.

As at March 31, 2014, 1MDB has assets amounting to RM51.41bil of which almost RM19.5bil are current assets that include cash and assets that are for sale.

Of the current assets, about RM3.85bil is in the form of cash. But about RM1bil of the cash cannot be utilised because of restrictions.

“Even assets that are being held for sale cannot be easily liquidated,” said an investigator.

Investigators also say the financial position of 1MDB is unsustainable and it faced liquidity problems.

The Finance Ministry-owned 1MDB has debts of RM41.8bil and Second Finance Minister Datuk Ahmad Husni Hanadzlah has said previously that it was facing cash-flow problems.

The investigators also said the external auditors who had been examining 1MDB’s books did not verify the value of the assets held by 1MDB PetroSaudi Ltd before issuing their report giving the accounts of the fund a clean bill of health.

The external auditors also did not disclose material information on 1MDB’s loans taken to finance its investments. The gains from investments were not verified.

1MDB PetroSaudi Ltd was a 40:60 joint venture between 1MDB and London-based PetroSaudi International Ltd that was dismantled about six months ago after it was set up in end September 2009.

After the joint venture was dismantled, 1MDB’s 40% equity in the company was converted to debt.

Investigators also revealed that between 2009 and 2014, 1MDB had to replace two of its external auditors due to disagreements with the management over the valuation of its assets.http://www.thestar.com.my/News/N ... not-be-sold-easily/

...lama-kelamaan jadi asset lapuk lah...
aku rasa macam tanah di Pulau Pinang tu, beli tanah untuk rumah murah dengan harga mahal...lepas tu nak mintak jasa kerajaan negeri untuk tukar status kepada rumah mewah...

atira

fitnah semua ni...

macai CI

kelana36

Yg investigate ni kerani N17 jer kot

mattzzx

bila lah nak abis episod ni???

ice_sky92

Ini semua salah cina.

Macai.

flying_cow

The investigators also said the external auditors who had been examining 1MDB’s books did not verify the value of the assets held by 1MDB PetroSaudi Ltd before issuing their report giving the accounts of the fund a clean bill of health.

So ke hulu ke hilir kata third party auditor dah audit dan dok jaja aset>hutang tapi ujung2 asset value pon tak dipastikan betul ke tidak?

dodolgemok

Dapig bersekongkol dgan pihak luar supaya aset 1mdb xdpt dijual.ini semua salah dapig!:

kecimpret

dulu macai bkn main bangga aset 1mdb melebihi hutang...skg ni gigit jari je laaa

freebird

azeeez keleeeng yang cecuba nak jual tanah tabooong hajeee tu pun, sampai sekarang tak jual-jual...

sgbuloh

tabung aji kata tanah yang depa nak jual tu 'dah ada buyer'.

menipu tak abih2.

otai_g

1mdb company biawak hidup yg akan menyusahkan rakyat msia.

pun masih ada macai yg sokong.

adoyai mana la pg kepala otak.

airfilterkotor

freebird replied at 11-7-2015 04:04 PM
azeeez keleeeng yang cecuba nak jual tanah tabooong hajeee tu pun, sampai sekarang tak jual-jual...: ...

Deyyy!! Berrrapa banyak 'e' daa.

zorrro_03

freebird replied at 11-7-2015 04:04 PM
azeeez keleeeng yang cecuba nak jual tanah tabooong hajeee tu pun, sampai sekarang tak jual-jual...: ...

Antara ramai2 ni paling aku nak tgk.kena hudud ialah azeeez keling.  Sebab banyak cakap amat.  Menipu tahap dewa.   putih laa beliau.lepas ni.   

harmerz01

Lawak bersekutu ni ........ cina melayu india dah jelak.

badaksumbu

investigator mn la yg rs dia terlebih pandai tu,

Poor Reporting by The Star

1MDB notes with concern a number of articles relating to 1MDB published in The Star newspaper today. In particular, The Star has made a number of assertions based on the opinions of an unnamed "investigator", with reference to certain transactions undertaken by 1MDB.

1MDB is concerned that a regulated and licensed newspaper such as The Star is presenting such unsubstantiated opinions as fact in its reporting. Further, it is a well known fact that a number of lawful authorities are conducting investigations on 1MDB and no final determination has yet to be made.

For example, The Star states that “Even assets that are being held for sale cannot be easily liquidated”. This is clearly wrong as the notes to the 30.03.2014 financial statements of 1MDB, as audited without qualification by Deloitte, describes how USD1.22 billion (approx. RM 4.6 billion) of these assets had in fact been liquidated and cash proceeds utilised.

The Star further states that "there was no document related to the existence of assets and valuation of PetroSaudi Holdings (Cayman)". This is blatantly incorrect. There was a valuation report prepared when the investment was made and 1MDB has in fact submitted the same report to the lawful authorities for their review.

Such sloppy reporting by The Star, a regulated and licensed newspaper, is disappointing. In fact, in relation to the interim report on 1MDB presented on 9 July to the Public Accounts committee (PAC) by the National Audit Department, the PAC Chairman has clearly stated that "there is nothing suspicious in the interim report". It is, therefore, clear there is no truth to allegations that "RM 42 billion" or "RM 16 billion" is missing, an allegation that has been repeated by various parties.

A number of lawful authorities are currently conducting investigations into 1MDB. 1MDB is fully cooperating with these investigations. We trust that appropriate measures will be taken by the lawful authorities to ensure the integrity of such investigations.