Guan Eng orders 1MDB to come clean on ability to service debts

KUALA LUMPUR: New Finance Minister Lim Guan Eng has ordered 1Malaysia Development Bhd (1MDB) to brief him on the company’s ability to make the RM143.75mil interest payment due on May 30.

“Besides the RM143.75mil that is due at the end of the month, another RM810.21mil worth of interest is due between the months of September and November,” he said.