This is indeed a very refreshing development that would assure the people's confidence and trust in the Government.
A highly placed source revealed early this morning that the Malaysian cabinet which sat for its weekly meeting yesterday had touched on all those negative news coming out of 1MDB and personalities linked to the Government owned company.
A senior minister, I was told, had raised the issue and pointed that none of the members of the cabinet were able to give a clear explanation as to what 1MDB really stood for and the controversies revolving around the sovereign wealth fund's wheelings and dealings.
Another source confirmed that the 'very senior' cabinet member was not alone as a few others had also openly questioned the very need for 1MDB to exist and its benefits to the nation. Some cabinet members were also irked that no one could provide holistic satisfactory explanation to critics.
At least two cabinet members had brought former Prime Minister Tun Dr Mahathir Mohamad's queries on 1MDB to the cabinet's attention.
It is understood that someone in the cabinet also quipped that '1MDB seems to be taking everybody, including this cabinet, on a ride'.
The Malaysian Cabinet meeting yesterday was chaired by Deputy Prime Minister Tan Sri Muhyiddin Yassin.
Prime Minister Datuk Seri Najib Razak is away on an official trip to South Korea. It was understood that the PM would be on a long holiday after the Korea trip.
Najib has come under fire for the dubious wheelings and dealing of 1MDB for more than a year now but the 1MDB Chairman of Board of Advisors has mainly refused to answer or provide satisfactory explanations to his critics who include Dr Mahathir and former Finance Minister Tun Daim Zainuddin.
p/s Could this sudden sense of realisation in the cabinet be due to talk that some top banks have sought Bank Negara's intervention to stop the 1MDB rot?
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