Government paid RM13.9b to settle 1MDB, SRC debt obligations since 2017 – Lim

Government paid RM13.9b to settle 1MDB, SRC debt obligations since 2017 – Lim

The Malaysian Reserve-News·2019-10-29 18:43

The government has had to pay RM13.9 billion to settle the debt obligations of 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd (SRC) since 2017, says Finance Minister Lim Guan Eng (picture).

In a statement today, he said the government, through the Finance Ministry and the ministry’s incorporated companies, has made loan repayments of RM8.8 billion on behalf of 1MDB and SRC, including RM6.7 billion for 2017 and RM2.1 billion for 2018.

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