KUALA LUMPUR, Oct 22 (Bernama) -- The remaining net financial burden borne by the government in relation to 1Malaysia Development Bhd (1MDB) is estimated at RM20.1 billion, assuming no further recovery of funds or assets in the future.
PUTRAJAYA, Oct 19 (Bernama) -- The government continues to shoulder debt obligations inherited from previous administrations, including liabilities linked to 1Malaysia Development Bhd (1MDB), while working to reduce its reliance on new borrowing, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR, Oct 8 (Bernama) -- The government will continue to take legal action and strengthen international cooperation to maximise the recovery of the remaining misappropriated assets of 1Malaysia Development Bhd (1MDB), according to the Ministry of Finance (MoF).
KUALA LUMPUR, Sept 13 (Bernama) -- The Ministry of Finance (MOF) has taken note of a compensation claim amounting to approximately RM4.2 billion filed by four companies against DBS Bank Ltd at the Singapore High Court.
KUALA LUMPUR, Sept 10 (Bernama) -- The 1Malaysia Development Bhd (1MDB) Asset Recovery Taskforce said claims for damages filed by four companies’ court-appointed liquidators suing DBS Bank are linked to accounts opened by Jho Low associate, Eric Tan.
KUALA LUMPUR, Sept 3 (Bernama) -- The issuance of sukuk worth RM11.5 billion is not a new bailout for Lembaga Tabung Haji (TH), but rather a refinancing process that provides the institution with the advantage of continuous cash flow.
