KUALA LUMPUR (Oct 25): Sacked former Minister of Rural and Regional Development Datuk Seri Mohd Shafie Apdal lauded the query raised by his ex-colleague, former second Finance Minister Datuk Seri Ahmad Husni Hanadzlah, on transactions by 1Malaysia Development Bhd (1MDB). "He (Ahmad Husni) was one of the men who knows a lot about 1MDB. We questioned him too in Cabinet, I remember; but some of the questions I asked were not answered. Yesterday, Ahmad Husni raised questions in Parliament on the necessity of setting up 1MDB and some of its more controversial dealings. Ahmad Husni, who is the MP for Tambun, said the questions needed to be asked because he was concerned that allegations of financial wrongdoings linked to the state-owned investment fund would negatively impact the global perception of Malaysia.

Source: The Edge Markets October 25, 2016 05:26 UTC