1MDB’s cash crunch

By LEONG HUNG YEE

The next nine years are crucial for fund, as its obligations are estimated at some RM40bil

THE recipe for the downfall of any company is taking on short-term debt to fulfil long-term projects. This is what symptomises 1Malaysia Development Bhd’s (1MDB) ills, which needs some RM40bil in the next nine years to meet its debt obligations.

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