Dr M: Money owed to PTPTN almost equals 1MDB losses


KUALA LUMPUR: The amount of money owed to the National Higher Education Fund (PTPTN) is RM39bil, which is almost the same as losses incurred by 1Malaysian Development Bhd (1MDB), says Tun Dr Mahathir Mohamad (pic).

"That's how much money has not been paid to the Government for what it spent on you to give a good education, and therefore opportunities for a better job and income," he said in his speech during the Malaysian Student Leaders' Summit here Saturday (Aug 11).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Hospital congestion, disaster preparedness among issues in focus in Dewan Rakyat today
Govt studying need for Disaster Risk Reduction Act, Zahid tells Dewan Rakyat
Defence Ministry nearing decision on missile options for Navy, says Mohamed Khaled
CEO nabbed over alleged RM1.65mil fraud in purported durian orchard purchase
INTERACTIVE: Melaka and Sarawak polls to make it record 11 state elections
INTERACTIVE: Demand for financial help rises, AKPK highlights warning signs to watch for
INTERACTIVE: Household spending outpaces income growth in 12 states
Separate state polls here to stay, say analysts
Rain offers hope for traders
Bankruptcy benchmark to be raised from RM100,000 to RM150,000

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read