KUALA LUMPUR: The remaining debt commitment of 1Malaysia Development Bhd (1MDB) is RM32.08 billion as at June 30, 2022, with an estimated foreign exchange rate of US$1 to RM4.50, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
He said the government had, between April 2017 and May 2022, channelled financial assistance in the form of loans or advances totalling RM10.85 billion via the Ministry of Finance (MoF) and Minister of Finance Incorporated (MoF Inc) to pay off 1MDB’s debt commitments and interest.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
