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Kit Siang: 1MDB's RM56m spent on pilgrims only 0.01pct of its debts
Published:  Jun 30, 2017 12:02 PM
Updated: 11:00 AM

The RM56 million spent by 1MDB to sponsor pilgrims to perform their haj in Makkah since 2011 is likely only about 0.01 percent of the estimated total 1MDB debts of RM50 to RM55 billion.

This is according to DAP parliamentary leader Lim Kit Siang, who was responding to the programme chairperson Jailani Ngah, who had revealed yesterday that 1MDB had sponsored 5,711 pilgrims to Makkah since 2011 at a cost of RM56 million.

“This seems to be a major allocation of charity, but it is really a drop in the ocean of 1MDB debts,” Lim said in a ceramah in Kelantan last night.

Not only that, he questioned why 1MDB could reveal how much it spent to sponsor pilgrims since 2011 but has yet to disclose its full financial statement for the past three years.

Nobody knows what are the total debts of 1MDB, he said, which he claimed would eventually have to be paid by generations of Malaysians...

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