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
Couple killed in Gua Musang ravine crash laid to rest
Anwar visits Bung Moktar's family, extends condolences
MCA should contest more seats with large Chinese electorate in GE16, says youth wing
MMEA rescues 15 crewmen from cargo ship after major leak
Man feared drowned after slipping off Chukai jetty during high tide phenomenon
'I did not know he was re-marrying,' says ex-wife of man who died in ravine crash
Five-year-old drowns in Lenggeng clubhouse swimming pool
Ex-Goldman banker Roger Ng loses bid to overturn 1MDB conviction
First in Southeast Asia: Malaysia launches International Cycling Union satellite centre in Johor
Cops investigating death threats made against lawyer in Melaka shooting case

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.