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
Cops hunting man posing as police officer in alleged molest, assault case
Man charged with cross-dressing in Terengganu
Cabinet satisfied with Defence Minister's briefing on Armed Forces issues, says Fahmi
Najib could approve SRC board members but didn't nominate them, court told
Cops rule out foul play in fatal university aircon explosion
Fulfilling court order on Sabah's revenue rights a top priority for PM, says Mustapha
Woman, 64, killed in Sibu four-vehicle crash
Factory supervisor, 65, loses over RM668,000 to investment scam
From scammed to soaring: Pretend stewardess becomes real flight attendant
Kelantan cops arrest brothers, seize homemade firearms

Trending in News

Others Also Read

Load more

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

Best viewed on Chrome browsers.