‘1MDB was RM30bil in debt’


KUALA LUMPUR: As it was fully owned by the Finance Ministry, massive debt amassed by 1Malaysia Development Bhd (1MDB) had to be borne by the government, says a key witness in Datuk Seri Najib Razak’s trial.

Former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi, 49, told the High Court the debt amounted to RM30bil.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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

PM Anwar announces extra holiday for Hari Raya this year
Three Iranian women soccer players to return home after seeking asylum in Australia
Sultan Ismail Petra Airport to start full operation tomorrow after expansion works
M'sia still on firm footing amid West Asia crisis, says Tengku Zafrul
Four nabbed for cable theft along MRT Putrajaya Line
All ministries play key role in handling 3R issues, says Aaron
End divisive race and religion rhetoric
MTEN to assess fuel supply security, impact of global energy disruptions
Crypto markets not spared from US-Iran conflict
Armed robbers make off with cash and phones from Desa Setapak convenience store

Others Also Read