"1MDB is not a wealth fund as it is touted to be. Except for the RM1 million contributed by the government, the rest of the RM42 billion is borrowed money. Borrowed money cannot be regarded, or classified, as wealth. It is a liability that imposes on 1MDB, or in case of its failure, the government has to repay the interest and the principal. The sum is so huge that if the government cannot pay them (the financiers) it could be bankrupted. This has happened to Greece. The possibility of this happening imposes a heavy responsibility on the management of 1MDB and its oversight by the government. And very quickly, it became clear that the executives and board of 1MDB did not take their responsibilities seriously."