Bulk of 1MDB asset recovery fund used to repay debts, says Auditor-General

Italia Notizia Notizia

Bulk of 1MDB asset recovery fund used to repay debts, says Auditor-General
Italia Ultime Notizie,Italia Notizie
  • 📰 staronline
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 75%

SINGAPORE (The Straits Times/Asia News Network): The family of a young Malaysian chef who was badly injured in a road accident in Singapore is raising funds to cover his hefty hospital bills, which have ballooned to S$125,000.

KUALA LUMPUR: The balance of the 1Malaysia Development Bhd’s Asset Recovery Trust Account stood at RM1.927bil at the end of 2022, which is 87.4% lower than 2021, as a bulk of the funds were used to repay 1MDB debts that matured last year.

“Funds amounting to RM15.535bil were used to service the principal and interest payments for bonds which matured in 2022, that were guaranteed by the government,” the report said. Prime Minister Datuk Seri Anwar Ibrahim has previously said that Putrajaya is seeking to recover more funds from Goldman Sachs in relation to the scandal.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

staronline /  🏆 4. in MY

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Subsidy expenditure ballooned by over 300% in 2022, says Auditor-GeneralSubsidy expenditure ballooned by over 300% in 2022, says Auditor-GeneralPrince Abdul Mateen is set to tie the knot in January 2024, according to the country’s media outlets.
Leggi di più »

PDRM begins probe on Roger Ng’s connection in 1MDB - IGPPDRM begins probe on Roger Ng’s connection in 1MDB - IGPKUALA LUMPUR: The police will begin their investigation into former Goldman Sachs banker Roger Ng Chong Hwa in connection with the 1Malaysia Developme...
Leggi di più »

IGP says police to begin probe on Roger Ng’s connection in 1MDB scandalIGP says police to begin probe on Roger Ng’s connection in 1MDB scandalKUALA LUMPUR, Oct 9 — The police will begin their investigation into former Goldman Sachs banker Roger Ng Chong Hwa in connection with the 1Malaysia Development Berhad (1MDB)...
Leggi di più »

Cops begin probe into Roger Ng's 1MDB connection, says IGPCops begin probe into Roger Ng's 1MDB connection, says IGPAmos Yee is out on parole, barely halfway into his six-year jail term in the United States for grooming a teenage girl and possessing child pornography.
Leggi di più »

Home minister: Roger Ng will remain in Malaysia until authorities conclude his involvement in 1MDB scandalHome minister: Roger Ng will remain in Malaysia until authorities conclude his involvement in 1MDB scandalPUTRAJAYA, Oct 9 — Former Goldman Sachs banker Roger Ng is currently in police custody to assist authorities with recovering assets belonging to 1Malaysia Development Berhad...
Leggi di più »

IGP says police to begin probe on ex-banker's connection in 1MDB scandalIGP says police to begin probe on ex-banker's connection in 1MDB scandalKuala Lumpur: The police will begin their investigation into former Goldman Sachs banker Roger Ng Chong Hwa in connection with the 1Malaysia Development Berhad (1MDB) scandal.
Leggi di più »



Render Time: 2025-04-06 20:07:50