Arul Kanda | |
|---|---|
| Born | Arul Kanda Kandasamy 1976 (age 47–48) |
| Citizenship |
|
| Alma mater | University College London |
| Occupation | former CEO of 1MDB |
| Years active | January 2015 – 28 June 2018 |
| Spouse | Unknown |
| Children | 2 |
Arul Kanda Kandasamy or better known as his birth name, Arul Kanda (born 1976) is the former president and chief executive officer of 1Malaysia Development Berhad (1MDB),[1] a company owned by Minister of Finance (Incorporated), a corporate body of the Ministry of Finance.[2] He was appointed as the CEO to replace Mohd Hazem Abdul Rahman who resigned on 5 January 2015.[3][4]
1MDB has been under heavy scrutiny for its suspicious money transactions and evidences pointing to money laundering activities. In a lawsuit filed by United States Department of Justice (DOJ), it is stated that at least USD$7.5 billion has been stolen from Malaysia's 1MDB state-owned fund.[5][6]
Further investigations by Malaysian authorities lead to Kanda's dismissal from 1MDB in June 2018.[7] Subsequently, on 12 December 2019, he was jointly charged with Najib Razak for audit tampering.[8]
- ^ "Arul Kanda Kandasamy Biography". Archived from the original on June 24, 2016. Retrieved June 3, 2018.
- ^ "New 1MDB president outlines his strategy for the company - Business News". The Star Online. January 8, 2015. Archived from the original on June 17, 2018. Retrieved June 17, 2018.
- ^ "I wanted to quit as I had no control of company finances, says ex-1MDB CEO". Free Malaysia Today. September 17, 2020. Retrieved August 7, 2021.
- ^ "1MDB president Arul Kanda considering legal action against Finance Minister over 'personal attacks'". The Straits Times. May 24, 2018. Retrieved June 17, 2018.
- ^ "1MDB: The inside story of the world's biggest financial scandal". The Guardian. July 28, 2016.
- ^ "Malaysia Seizes Najib's Trove of 350 Containers of Cash, Handbags and Jewelry - The New York Times". The New York Times. May 15, 2018. Retrieved May 19, 2018.
- ^ "1MDB chief Arul Kanda sacked for dereliction of duties". The Straits Times. June 30, 2018. Retrieved July 6, 2018.
- ^ "Najib and Arul Kanda's 1MDB audit tampering trial to resume next month". New Straits Times. July 19, 2021. Retrieved August 6, 2021.