Arul Kanda Kandasamy

Azrul 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), a company owned by Minister of Finance (Incorporated), a corporate body of the Ministry of Finance. He was appointed as the CEO to replace Mohd Hazem Abdul Rahman who resigned on 5 January 2015.

Arul Kanda
Born
Arul Kanda Kandasamy

1976 (age 4748)
Sitiawan, Perak, Malaysia
Citizenship
  • Malaysia
Alma materUniversity College London
Occupationformer CEO of 1MDB
Years activeJanuary 2015 – 28 June 2018
SpouseUnknown
Children2

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.

Further investigations by Malaysian authorities lead to Kanda's dismissal from 1MDB in June 2018. Subsequently, on 12 December 2019, he was jointly charged with Najib Razak for audit tampering.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.