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KUALA LUMPUR: A government letter of support (LOS) to secure a US$3bil loan for the joint venture between 1Malaysia Development Berhad (1MDB) and Aabar Investment BVI Co was issued “in great speed” within days. ....
KUALA LUMPUR: A former Finance Ministry deputy secretary-general told the High Court on Tuesday (Sept 27) the issuance of a government letter of support (LOS) to secure a US$3bil loan for the joint venture between 1Malaysia Development Berhad (1MDB) and Aabar Investment BVI Co was done in haste. ....
KUALA LUMPUR: The management of 1Malaysia Development Bhd (1MDB) refused to give any feedback on how the money was spent after securing a US$3bil loan with a letter of support (LOS) issued by the government. ....
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. ....
KUALA LUMPUR: The High Court here on Tuesday (Sept 6) was told that the management of 1Malaysia Development Berhad (1MDB) never gave any feedback after securing a US$3bil (RM13.5bil) loan through a letter of support (LOS) issued by the government. ....