Ahmad: Only small risk in EPF’s 1MDB investments


KUALA LUMPUR: There is only a small risk in the investments made by the Employees Provident Fund in the 1Malaysia Development Bhd takeover of two independent power producers, said Deputy Finance Minister Datuk Ahmad Maslan (pic).

He said EPF bought RM200mil worth of bonds from 1MDB in 2009, which were fully guaranteed by the Government.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

News , bureaus

   

Next In Nation

Photo gallery: KKB by-election nomination day
KKB by-election: LiveBlog
Family, food and festivities
The human touch still required, says MCMC man
Disaster strikes
PM: Avoid past mistakes to uplift Malaysia Airlines
Ahmad Zahid and Muhyiddin agree to end dispute involving defamation suit
Springtime celebrations
Swift medical aid just a QR code away for haj pilgrims
‘Report of second casino a lie’

Others Also Read