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
KL cops seize nearly RM1mil worth of drug-laced drinks with arrest of dealer
Defence Ministry to embrace ESG framework for enhanced transparency, sustainability
Company director loses nearly RM3mil to investment scam
NGO head charged with misappropriating RM207,000 in donations
Defence Minister unveils comprehensive reforms to combat corruption, restore confidence
Armed Forces cannot remain in denial, needs to restore credibility, says Khaled
Defence Ministry to focus on modernisation, readiness in 2026, says Khaled
Army man dies after motorcycle crashes into rear of car near PD
Sarawak government provides assistance to flood victims in Sibu Division
Floods: Number of evacuees goes up in S'wak, unchanged in Sabah

Trending in News

Others Also Read

Load more

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

Best viewed on Chrome browsers.