PETALING JAYA: Debt and liabilities exposure comprise of Federal Government debt, as well as other financial obligations consisting of committed guarantees, 1Malaysia Development Bhd (1MDB) debt and other liabilities namely commitments of projects under public- private partnership (PPP) and private financing initiatives (PFI).
KUALA LUMPUR, Sept 6 The fact that the Finance Ministry’s letter of support was needed for a US$3 billion (RM13.4 billion) fundraising exercise by government-owned 1Malaysia.
The Malaysian government is liable for US$3 billion in debt taken on by a 1Malaysia Development Berhad (1MDB) subsidiary in 2013 as then-finance minister Datuk Seri Najib Razak signed a letter of support for its fundraising, the High Court heard today
KUALA LUMPUR, June 15 Despite being owned by the Finance Ministry’s Minister of Finance Incorporated (MOF Inc), 1Malaysia Development Berhad (1MDB) had skipped informing its.
KUALA LUMPUR, June 15 The Malaysian government is liable for US$3 billion in debt taken on by a 1Malaysia Development Berhad (1MDB) subsidiary in 2013 as then-finance minister.