ASSETS seized from 1Malaysia Development Bhd will be monetised and returned to Malaysia as early as possible, said Finance Minister Lim Guan Eng in his Twitter account after meeting with United States ambassador to Malaysia Kamala Shirin Lakhdhir.

During the meeting, both discussed matters of importance to the substantially large American investments and corporations in Malaysia.

“She reassured me that assets seized from 1MDB will be monetised and returned to Malaysia as early as possible,” Lim said.

Lim had earlier said the government has helped 1MDB to the tune of RM6.9 billion to service its debts since April 2017.

He also disclosed that the country’s RM1 trillion debt, as at December 31, 2017, included RM686.8 billion in federal government debt plus RM199.1 billion in guarantees to be paid on behalf of entities unable to service their debt. – Bernama, June 12, 2018.