RM17bil set aside for repayment of 1MDB debts in 2022, says AG’s report | TheStarTV.com

RM17bil set aside for repayment of 1MDB debts in 2022, says AG’s report

Published on 10 Oct 2023 5:51:58 PM

The federal government allocated RM17.064bil last year for the repayment of 1Malaysia Development Berhad’s debts, including two bonds involving 1MDB Energy Ltd and 1MDB Energy (Langat), said Public Accounts Committee deputy chairman Wong Shui Qi quoting the Auditor-General’s Report in 2022 on Tuesday (Oct 10).

She said the two bonds matured last year together with the principal amounting to RM15.524bil and the government had also paid the interest of the loans taken by the companies amounting to RM1.541bil.

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Keywords
news, malaysia, 1mdb, scandal, debt, repayment, maturity, recovery trust fund, auditor general, report, 2022

The federal government allocated RM17.064bil last year for the repayment of 1Malaysia Development Berhad’s debts, including two bonds involving 1MDB Energy Ltd and 1MDB Energy (Langat), said Public Accounts Committee deputy chairman Wong Shui Qi quoting the Auditor-General’s Report in 2022 on Tuesday (Oct 10).

She said the two bonds matured last year together with the principal amounting to RM15.524bil and the government had also paid the interest of the loans taken by the companies amounting to RM1.541bil.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, malaysia, 1mdb, scandal, debt, repayment, maturity, recovery trust fund, auditor general, report, 2022

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