No profits, only debts from 1MDB projects, court told


KUALA LUMPUR: The High Court was told that billions that were poured into investments by 1Malaysia Development Bhd (1MDB) failed to bring any profit to the country.

Instead, the nation suffered losses and debts from undertaking the projects that were meant to bring financial gains.

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

Next In Nation

Penang Hill funicular disruption due to power distribution issue, says PBBPP
Suspected explosives found on Nilai bomb maker at time of arrest
Floods: Situation in Terengganu improves
Six Orang Asli settlements in Kelantan identified as prone to natural disasters in monsoon season
No letters to EC from Perlis Speaker on vacancies yet, claims source
Perlis constitution allows by-elections if majority is affected, says former EC chair
Nilai bomb maker nabbed in Mantin
18-year-old loses nearly RM60,000 to prize scam syndicate
Dead man found trapped in culvert in Tapah
Man arrested for misusing another person’s MyKad to redeem Budi95

Others Also Read