Moody's take on 1MDB

We know that support is possibly forthcoming, in fact support has already come in the form of a line of credit to 1MDB earlier this year. The question we

KUALA LUMPUR: There is a worry that Malaysia’s fiscal consolidation may be derailed should the Government be forced to assist 1Malaysia Development Bhd (1MDB) financially.

While Moody’s Investors Service analysts do not consider the government-linked strategic development company’s RM42bil debt as a sign of distress amongst government-related companies, government finances would eventually deteriorate should commitments to 1MDB be covered.