At the request of 1MDB, all references to the Letter of Support were removed from the Facility Agreement.”Like the earlier “letters of support”, the Government agrees to financial support to 1MDB to ensure the company’s ability to repay. Dato’ Seri Najib Razak even “waived its sovereign immunity in connection with disputes arising out of the Letter of Support”. I had asked a simple matter as to whether there was indeed a “letter of support” issued in September 2014. Both Dato’ Seri Najib Razak and the Parliament’s refusal to entertain the simple factual question only serves to confirm the suspicions in everyone’s minds that such a secret guarantee was indeed issued. If not, then the Attorney-General must commence immediate investigations over the possible criminal breach of trust, abuse of power and even fraud against Dato’ Seri Najib Razak.

Source: The Edge Markets July 27, 2017 06:45 UTC