Money talks: Arul speaking at the Majlis Penerangan Perdana briefing session at PWTC.
KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) did not start off its operations riddled with debts, said its chief executive officer Arul Kanda Kandasamy.
On the first day of operations, he said 1MDB took on a RM5bil debt, a minimal amount compared to the RM42bil it incurred on March 31, 2014.
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