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

Negri Bersatu backs Abdul Hadi as next Perikatan chief
42 litterbugs served notices as enforcement of anti-littering law begins
Two killed in crash between car, 4WD carrying seven in Betong
Cops issue over 12,000 summonses nationwide in News Year's Eve ops
Consultant loses almost RM700,000 to online investment scam
Flood: Situation worsens in Sarawak, improves in Johor, full recovery in Melaka
Over 3.2 tonnes of waste collected in KL during 2026 New Year celebrations, says Alam Flora
Navy officer in ICU after helicopter emergency landing in Klebang
China superalloy maker to invest RM900mil in Johor, says MB
Bring on Online Safety Act, says Bukit Aman

Others Also Read