'RM3.8bil of 1MDB bonds used to repay debts'
1Malaysia Development Bhd (1MDB) used RM3.8 billion of the RM9.6 billion in bonds it raised in 2013 to repay and service its debts, which is a "clear breach" of its offering circular issued to investors about the bond raising exercise.
For the rest of this story and more, subscribe for only RM150 a year. If you're already a subscriber, please sign in.
Sign in Subscribe now