Given the renewed insistence that 1MDB's "Cayman fund units" are actually worth something (billions, 1MDB says) . the following which was reported by this writer on a related blog is reproduced.
Clearly, Singapore MAS and 1MDB's auditor Delloites (who have since resigned) have much to answer for, as will IPIC once this deal is officially declared to the London Stock Exchange.
- See more at: http://business.asiaone.com/
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