From Former Forex Head of BNM:
"What I am worried of is in the event 1MDB or MoF fails to settle the IPIC obligation, it will trigger a cross default on all Malaysia's public external debt which can result in great repercussions on this country and its people except for the priveleged few who have knowingly made preparations.
Sad. Hope and pray this will not come to pass.
Do the current public officials understand and realise this risk?"