Finance Ministry did not pay cash to 1MDB for SRC takeover


  • Nation
  • Wednesday, 10 Jun 2015

“1MDB relinquished control over SRC by giving the ministry 100% equity shares worth RM1mil. Therefore the ministry did not make any cash payment for the takeover."

“SRC will submit its latest liability or debt after the financial statements for the year ended March 31, 2015 to be audited,” the ministry said.

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