Tuesday, January 27, 2015
YB Tony Pua and YB Rafizi,
Your Pakatan said that 1MDB should have returned the money from Cayman in April 2013. It was US$2.3 billion (RM7.1 billion) then. Here is the proof: https://www.malaysiakini.com/news/227737
On Jan 15 2015, 1MDB says it has redeemed back the cayman funds which is now $2.32 billion (including dividends) but based on the appreciating USD, it is now RM8.24 billion. here's the proof http://www.themalaysianinsider.com/malaysia/article/1mdb-says-has-redeemed-in-full-us2-billion-invested-in-cayman-islands
A return of 16% over the 20 months period.
Would Tony and Rafizi had compensated 1MDB for RM1.14 billion if they had listened to you then?
Each of you go on fund-raising campaign from your supporters to get RM570 million each, can or not?
1MDB run by professionals who understand FOREX risk and they know that they have USD bonds lah. They know how to do risk management and get the best risk/returns based on their analysis.
Unlike Tony and Rafizi, professionals read financial newspapers and serious news (and not The Rocket and Harakah) and they read in February and March 2013 that US FED wants to scale back the USA's Quantitative Easing - which means an imminent strengthening of the USD.. Here's the proof:
They don't play TIKAM like both of you.
Please pay up. TQ.