Tabung Harapan funds to repay portion of 1MDB's debts


  • Nation
  • Thursday, 16 May 2019

PUTRAJAYA (Bernama): Tabung Harapan Malaysia's (THM) entire funds amounting to RM203.29mil will be used to settle a portion of 1Malaysia Development Bhd's (1MDB) 2019 debt amounting to RM1.7bil, says Lim Guan Eng (pic).

The Finance Minister said this was decided at the THM trust accounts committee meeting on April 24.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Nation

Early voter turnout of 93% for Kinabatangan, Lamag by-elections, says EC
Defence Ministry announces four senior Armed Forces appointments
EAIC briefs King on efforts to improve governance
NUJM takes GLC official to task over alleged intimidation
Arrest of journalist 'went beyond the necessary', says G25
Regular M’sians still struggling despite glowing economic figures, says Opposition leader
Nearly RM1mil worth of drugs seized by Sibu police in 2025
Barring PM from holding finance portfolio more important than two-term limit, says Opposition leader
King’s message on MA63 spirit clear and timely, says Sabah STAR
Steven Sim outlines ABCD pillars as new Entrepreneur Development and Cooperatives Minister

Others Also Read