1MDB TRIAL | Malaysia still owes US$3 billion (RM13.3 billion) in debt as a result of a joint venture (JV) between 1MDB and Aabar Investments, a former finance ministry officer testified.

Siti Zauyah Md Desa, who used to be part of the ministry’s loan management division, said 1MDB had never reported to her division regarding the JV (1MDB is wholly owned by MOF Inc).

During the RM2.28 billion 1MDB corruption trial...