Press Release

Date: 
21-03-2016
Another Wrong and Baseless Allegation by YB Rafizi
Another Wrong Allegation by YB Rafizi

Another Wrong Allegation by YB Rafizi

1MDB refers to a wrong and baseless allegation made by YB Rafizi Ramli today in relation to the Pangkalan Udara Kuala Lumpur relocation construction contract (PUKL Relocation) between 1MDB and Perbadanan Perwira Hartanah Malaysia (PPHM), a wholly owned subsidiary of Lembaga Tabung Angkatan Tentera (LTAT).

1MDB confirms that all payments to PPHM under the contract are current and there are no amounts outstanding.

Furthermore, whilst 1MDB has been through a challenging period in 2015, it has consistently met all its financial debt interest and principal payments when due.

We accordingly urge YB Rafizi Ramli to stop his politically motivated, desperate and irresponsible attempts to wrongfully implicate 1MDB in such matters.