PARLIAMENT State-owned 1Malaysia Development Bhd (1MDB) does not have any overdue debt, said Prime Minister Najib Abdul Razak."At the moment, 1MDB does not have overdue debt. 1MDB never fails to service its debt, including the interest on its borrowing," he said in his capacity as finance minister.
"A total of RM5.8 billion of its debts is guaranteed by the government," he said in a written reply to Parliament last Thursday.
Najib was asked by Mohamed Hanipa Maidin (Amanah-Sepang) about the 1MDB's overdue debt and the total debts guaranteed by the government.
[More to follow]
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