EPF, KWAP invested over RM3bil in 1MDB and subsidiaries

By RAHMAH GHAZALI

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.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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KWAP , EPF , 1MDB , Finance Ministry , investments

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