1MDB model not sustainable


PETALING JAYA: 1MDB was unsustainable from the start, relying heavily on financial assistance to stay afloat.

The PAC observed that 1MDB’s capital financing structure and financial performance were both unsatisfactory.

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!

Business , 1MDB , PAC , report , Dewan Rakyat

   

Next In Nation

Former IGP Tun Hanif Omar passes away
MULTIMEDIA: FRIM: The Forest That Sprang From Nothing
INTERACTIVE: Get to know Malaysia’s Unesco treasures
Missing man believed to be killed and burnt
RM1,000 tax relief for 103 types of sports
MEF: FWAs can benefit both employers and workers
KL ranked 22nd for remote work
‘Bookkeepers’ for syndicates busted in Cheras
Ministries to address parallel pathway issue
Addendum order issue under Pardons Board purview, says PM

Others Also Read