EPF, KWAP invested over RM3bil in 1MDB and subsidiaries


KUALA LUMPUR: The Employees Provident Fund (EPF) and Retirement Fund Inc (KWAP) have both invested in 1Malaysia Development Berhad (1MDB) and its subsidiaries.

In a written response to Rafizi Ramli (pic) (PKR-Pandan), the Finance Ministry said that EPF had subscribed to RM200mil in bonds issued by 1MDB in 2009.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

KWAP , EPF , 1MDB , Finance Ministry , investments

   

Next In Nation

Part of new rural road in Kiulu collapses after landslip Premium
More than 4,000 Sarawakians lost their jobs during Covid-19 Premium
Deputy Foreign Minister to vizit Uzbekistan, Kazakhstan Premium
Senior cop passes away in his office in KL Premium
Capt Siva Kumar takes over as Selangor MMEA chief Premium
PKR party polls: More than 200 complaints lodged for breaking the rules Premium
Two young brothers found drowned in Pantai Remis ditch Premium
Penang teacher pleads not guilty to two charges of abuse of power Premium
MGB delivers commendable Q1 results Premium
Zahid worried about criminal cases against him, Dr M says in defence statement Premium

Others Also Read