Who’s paying 1MDB’s debts as deadline looms, ask critics


Sheridan Mahavera

1Malaysia Development Bhd is keeping mum as to how it will repay International Petroleum Investment Company at the end of this month. – AFP pic, December 16, 2017.

TAXPAYERS are the likely source to help 1MDB make its US$602.73 million (RM2.46 billion) payment to an Abu Dhabi firm on December 31, an opposition lawmaker said, in the absence of answers from the authorities on how the troubled state firm will clear its debt.

The Malaysian Insight sought responses from 1Malaysia Development Bhd chairman Irwan Serigar Abdullah, president Arul Kanda Kandasamy and Second Finance Minister Johari Abdul Ghani but all declined to comment on the matter.


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Comments


  • An UMNO/BN victory in coming GE is national living in denial. It's national acceptance of crime, abuse of power. All the excuses given including religion and race is just that excuses, not good ones.

    Posted 6 years ago by Bigjoe Lam

  • 1MDB...forever in the eyes of all Malaysians....jadi 1 monyet dua buaya = MCA....more corruption always = UMNO....use money NR(MO1 lol) owe...what is C O R R U P T I O N??????? $$$$$$$$$

    Posted 6 years ago by Lawrence Lee