This is what you need to know about 1MDB
KUALA LUMPUR: The escalating scandal around troubled state-investment-fund 1MDB is turning bond funds against Malaysia.
The disclosure that the nation’s debt is almost 60% higher than previous estimates at RM1 trillion (US$250bil), largely because of hidden liabilities tied to the troubled state investment fund, is convincing even fans of the country’s bonds to cut their holdings.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
