Saturday, July 25, 2015

The Edge: We will not apologise

9:47PM Jul 24, 2015
By Lu Wei Hoong
Despite being served with a three-month suspension, The Edgeoffers no apologies and vows to continue its coverage on the 1MDB-PetroSaudi expose.

Its publisher and chief executive officer Ho Kay Tat told a press conference he is standing firmly behind what the media has published on the issue.

“We will not apologise because we haven't done anything wrong. We stand by what we have published.

“None of the published articles have been challenged. No one has come to say, ‘This article is wrong, that article is wrong’. No one,” Ho said when met by media after the staff meeting at the company headquarters in Petaling Jaya this evening.

Staff from the suspended media clapped and cheered after the press conference was over.

1MDB coverage will not stop

Ho said staff from the media group was in an equally good spirit, cheering him when he stepped into the office earlier to update them on the latest development regarding the Home Ministry's decision.

"I asked them, 'You clapped because you think you are going on a three-month holiday or what?" he told the journalists at the press conference.

Ho insists The Edge will continue its operation across its online platform.

A staunch critic of 1MDB, Ho also said its publication will continue to follow and report the development of the debt-laden sovereign fund.

“Of course we will continue to report on 1MDB.

"As you all know, there will be plenty to report on 1MDB because a lot of things are happening,” he added.

He also said that salary for the staff will be fully paid during the suspension period.

Earlier today, the Home Ministry slapped a three-month suspension on The Edge Financial Daily and The Edge Weekly, effective July 27.
~ Malaysiakini

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