Dr M: Najib's right, it's actually RM50b not RM42b

Former premier Dr Mahathir Mohamad has admitted that Prime Minister Najib Abdul Razak is right that he was wrong about 1MDB's RM42 billion debt.

"The (Public Accounts Committee) report says it's not just RM42 billion but RM50 billion. More than that.

"So I was wrong on that because I named a smaller figure and I think the RM50 billion is also not correct, there could be more," Mahathir told reporters in Kuala Lumpur today.

Najib earlier today said the PAC report on 1MDB proved Mahathir's allegations that RM42 billion was missing from the fund was wrong.

[More to follow]

-Mkini