Putrajaya to Refuse Half of RM5M Approved by Najib to Arul Kanda

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A whopping RM5 million for six months’ work.

Former Treasury secretary-general Tan Sri Irwan Siregar had signed off a RM5 million payment for former 1Malaysia Development Berhad (1MDB) chief Arul Kanda Kandasamy in January.

The Ministry of Finance confirmed the payment had been approved by Datuk Seri Najib Razak, according to the Malay Mail.

The ministry now intends to recoup half of the payment that has already been given to Arul Kanda, and will not make the remainder of the payment that was due to him in June.

In January this year, Arul Kanda was paid RM5 million. RM2.5 million was a down payment, and the balance after June 30, Finance Minister Lim Guan Eng told Dewan Rakyat yesterday during his winding-up speech for the motion of thanks to Yang di-Pertuan Agong.

Bernama

 “I can say that we have taken action to take back the RM2.5 million, and won’t pay the remainder RM2.5 million,” he said.

Arul Kanda was sacked from 1MDB on June 29, for “breaching contract” and his “fiduciary duty” as the state investment firm’s head.