MALAYSIA’s new finance minister is taking a sledgehammer to 1MDB. But that won’t sate the Malaysian public’s desire for justice.Investors, meanwhile, are uneasy about things getting out of hand. Malaysia, too, has seen foreigners pull out about $800 million from its bond market.Can Lim keep a lid on negative sentiment? Even that tallies with facts.Why else would public money be used to prop up 1MDB if it had liquid assets offshore? Maybe he’s preparing the ground to justify use of public money to make another $36 million interest payment on May 30.

Source: The Star May 24, 2018 08:26 UTC