1MDB CEO Arul Kanda giving a talk on 1MDB during Bicara Negara in Ipoh yesterday. - SAIFUL BAHRI/The Star
IPOH: 1Malaysia Development Bhd (1MDB) has no short-term debts but only long-term liabilities of some RM31bil that would be repaid according to schedule, its chief executive officer Arul Kanda Kandsamy said.
He said the investment fund had assets of RM43bil that was more than enough to cover the debts.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
