KUALA LUMPUR: The government’s total liabilities arising from 1Malaysia Development Bhd (1MDB), including those already settled and those still outstanding, amount to RM51.4bil, says Deputy Finance Minister Liew Chin Tong.
He said the government has paid RM42.5bil to service debt and other financial obligations arising from 1MDB, including principal repayments, interest, legal and operational costs.
Additionally, the government remains responsible for government-guaranteed sukuk Islamic medium-term notes amounting to RM8.9bil.
“The sukuk payment covers RM5bil in principal repayments and RM3.9bil in interest payments that will mature in 2039,” he also said during the Dewan Rakyat question-and-answer session yesterday.
Liew further pointed out that overall, the government’s total past and outstanding liabilities related to 1MDB amount to RM51.4bil, and so far, it has successfully recovered RM31.3bil in funds linked to 1MDB.
“If no further funds are recovered in the future, the government will still have to bear the remaining RM20.1bil of the total obligations,” he noted.
Liew said this in response to a question from Chong Chieng Jen (Pakatan Harapan-Stampin) on the total 1MDB debt borne by the government and the amount it has paid to settle the debt to date. — Bernama
