PETALING JAYA: Government investment arm 1Malaysia Development Bhd (1MDB) has more assets than liabilities, said Prime Minister Datuk Seri Najib Tun Razak (pic).
"It is important to remember that 1MDB’s assets are greater than its liabilities. So, in very simplistic terms, if 1MDB were to be wound down tomorrow, the company would still have some assets and money left even after paying off all its debt," said Najib in a televised interview on Thursday.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
