By Khairul Khalid
A RM188 million land deal between Tabung Haji and 1MDB sparks public anger, with pension fund KWAP also believed to be embroiled in the saga. Are these rushed deals sound investments or bailout of financially ailing 1MDB? Why is 1MDB selling land at its crown jewel TRX, and possibly disposing its power assets too? Could it be that it now has no other way of raising cash to service payments for its RM42 billion debts?
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