Malaysiakini News

'1MDB spent RM838mil to secure loan guarantee'

Published:  |  Modified:

The government-owned 1Malaysia Development Bhd (1MDB) may as well seek funds from loan sharks, based on the exorbitant payments it made just to secure a loan guarantee for its subsidiaries, Petaling Jaya Utara MP Tony Pua says

"1MDB might as well have gone to the loan sharks to raise the funds," Pua said.

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