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Business

1MDB owes RM5bil to local financial institutions, says Government

By YUEN MEIKENG and GURMEET KAUR

“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.

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Business , 1MDB , Ananda Krishnan , Najib Razak

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