The Silver Inept
2021
Goldman Sachs had sucked the lifeblood from people of Malaysia by making the country poorer to the tune of RM50.75 billion in debt as a result of 1MDB scandal. Now the banking idiot offering a compensation with cash payment of US$2.5 billion (RM10.6 billion) and a guarantee of a full recovery value of at least US$1.4 billion (RM5.9 billion) in assets that are traceable to the diverted proceeds from the three bond transactions.
total US$1.75 billion
bear in mind PH version 1.0 asked for US$7.5 billion
cut to
June 18 2025
the very same guy led a Malaysian team to Washington to nego a better deal following the US decision to impose 24% tariff to certain Malaysian imports.
KUALA LUMPUR (July 8): The White House has formally notified Putrajaya of a forthcoming 25% tariff on all Malaysian products in a letter dated July 7, 2025. To add insult to the injury, Trump wants to charge another additional 10% to the tariffs.Trump said Malaysia’s current trade policies had made its trading relationship with the US largely one-sided and non-reciprocal.
so much negotiation.
and now everyone wants to have a meeting tomorrow.
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