1MDB owes RM5bil to local financial institutions, says Government

“Up to January 2015, the total amount of debts by 1MDB with local banks is RM5.037bil,” Najib said in a brief written reply to Pandan MP Mohd Rafizi Ramli yesterday.

Rafizi had asked Najib to state each loan undertaken by 1MDB with local banks.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , 1MDB , Ananda Krishnan , Najib Razak


Next In Business News

Aviatron acquisition earnings dilutive for SAM Engineering
Capital A forms partnership with Garuda
MAA proposes Budget 2024 incentives to include all xEVs
Fund managers turn to lawyers for ESG failures
Giant wireless carrier to triple investment in AI
China’s Trina Solar plans US$400mil Vietnam plant
Consumer sector likely to face lower spending
Sunway, Umech and PDC to build industrial park
India’s ultra-long bonds to see ample demand from insurers
Weakening external demand

Others Also Read