The Finance Ministry will be presenting a roadmap for 1MDB to the Cabinet tomorrow. – The Malaysian Insider filepic, May 28, 2015.
The Finance Ministry will table a roadmap for 1Malaysia Development Bhd (1MDB) to the Cabinet tomorrow to counter negative perceptions on the strategic investment fund company.
Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah said the plan would be able to solve the problems plaguing 1MDB in the near future.
"We must strengthen the 1MDB restructuring, matching its businesses with the financing made.
"Once it is done, it will be all right."
Husni said among 1MDB assets, an independent power company – Edra Global Energy Bhd – recorded a gross income of RM2.6 billion for the first half of the year ended August 31, 2014.
He said the plan would be made public after it is tabled to the Cabinet. – Bernama
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