Segambut MP Lim Lip Eng has sarcastically proposed that 1MDB's 'success story' be taught in universities after the company sold 60 percent of its stake in Bandar Malaysia for a staggering RM7.41 billion to a Chinese joint-venture.
Lim noted that the profit was "miraculous" as the government had sold the land bank to 1MDB cheaply in 2013, at only RM400 million.
It means the land (sale) gave a huge return in a period of less than two years, he added.
"I propose to the cabinet for such a successful business model be made a compulsory topic for all business undergraduates in the country.
"Perhaps 1MDB group chief executive officer Arul Kanda Kandasamy can be invited to explain to students to explain the achievement or appear on business television such as Bloomberg ," said the DAP lawmaker.
Lim added that the rakyat was also keen to see Prime Minister Najib Abdul Razak, who is 1MDB advisor, to work similar magic on the economy.
On a serious note, Lim expressed concern that national assets were being sold for quick profit to rescue state-owned 1MDB from its massive debts.
Lim then pointed out the irony of the government often accusing the DAP of trying to sell the country.
"Inch by inch of the country's land and wealth is being sold off for quick profit to save a company that is struggling with debt," he said.
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