Malaysia has paid a RM143.75 million bond coupon payment of troubled state fund 1Malaysia Development Berhad (1MDB) that was due yesterday, the finance minister said.

"We have settled that [...] I have signed it very reluctantly, and the payment has been made," Lim Guan Eng (above) told reporters at press conference today.

The new Malaysian government that took charge this month has said that 1MDB is unable to repay its debts but the government would honour all commitments for the state fund. - Reuters

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