What explanation did 1MDB give PAS regarding its rationalisation plan?

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No Explanation Details Provided for PAS Briefing on 1MDB Rationalisation Plan

The provided information does not specify the details of the explanation given by 1MDB president Arul Kanda Kandasamy to PAS regarding the state fund's rationalisation plan. Pakatan Harapan has demanded a similar briefing for its lawmakers, expressing disappointment that Arul Kanda met with PAS but refused previous requests from other opposition MPs.
Pakatan Harapan's Demand for Briefing

Pakatan Harapan has formally requested Arul Kanda Kandasamy to hold a special briefing for its lawmakers within the next 24 hours. This demand follows Arul Kanda's meeting with PAS, where the latter reportedly stated satisfaction with the explanation provided on 1MDB's rationalisation plan. DAP's Tony Pua voiced his dissatisfaction, highlighting Arul Kanda's repeated refusal to engage with other opposition MPs while agreeing to meet with PAS.
Timeline for Response

PKR Vice-President Nurul Izzah Anwar indicated that Pakatan Harapan is giving Arul Kanda a 24-hour window to respond to their request for a briefing. She suggested that the session could occur discreetly, even without media presence, to facilitate a direct exchange of questions and answers between the opposition and 1MDB's president.
PAS's Stated Satisfaction

Following their meeting with Arul Kanda, PAS announced that they were "satisfied" with the explanation given concerning 1MDB’s rationalisation plan. The article, however, does not elaborate on the specific points or details that constituted this explanation, leaving the content of PAS's understanding undisclosed.
Context of 1MDB's Financial Situation

This request for a briefing comes amid reports that 1MDB missed a scheduled payment to Abu Dhabi's International Petroleum Investment Company (IPIC). 1MDB had previously issued a statement indicating it was awaiting proceeds from its debt rationalisation plan to meet this payment. Prime Minister Datuk Seri Najib Razak has described the situation as a "technical matter," denying that the fund is unable to repay its debt.

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What explanation did 1MDB give PAS regarding its rationalisation plan?

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