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


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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Nation

Ahmad Zahid congratulates Onn Hafiz on appointment as Johor MB
Malaysian dies while climbing Mount Elbrus in Russia, says Wisma Putra
Malaysians in Qatar told to follow security instructions after fresh US-Iran attacks
Singapore president arrives in Malaysia for three-day state visit
Woman found dead in Ampangan apartment
62-year-old killed after crashing car into reversing lorry in Bandar Permaisuri
Melaka flood evacuees drop to 800 as of 5pm Sunday
Malaysia-Indonesia halal trade projected to top RM118bil in 2026
PM extends condolences over passing of Qatar's father Amir
Labourer fined RM6,500 for verbally abusing, kicking police officer on duty

Others Also Read