PUTRAJAYA — The Finance Ministry can see through a “recovery plan” to help elevate debt-ridden investment firm 1Malaysia Development Berhad (1MDB), Prime Minister Datuk Seri Najib Razak said today.
In his speech at his ministry’s special monthly congregation, Najib expressed confidence that steps to restructure 1MDB to reduce its ballooning debts can be done, saying this is what Putrajaya is currently focusing on.
“We believe that recovery steps can be taken to reduce 1MDB’s debts and this is what’s currently being done by the government.
“I am confident that the MOF (Ministry of Finance) can see through a recovery plan, despite us being faced with so many criticism.
“Eventually we can prove that the recovery - Malay Mail
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