Contentious issues at 1MDB


This is what you need to know about 1MDB

Consistently, the Auditor-General (AG) has found that the board of the troubled 1Malaysia Development Bhd (1MDB) was not consulted on several occasions – right from its issuance of bonds to investments in oil and gas (O&G) activities and purchase of power plants.

The problem with 1MDB started from its inception in February 2009. It was then known as the Terengganu Investment Authority (TIA), where Low Taek Jho or better known as Jho Low was the adviser.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , 1mdb board

   

Next In Nation

Man escapes with minor injuries after tree falls on car in Penang
Cop honoured for swift murder arrest
Mohd Azmawi sworn in as new Nenggiri rep
Sabah to monitor workplace pressure, bullying in hospitals
Not cool, says hawker after woman steals from her icebox
Johor to enhance business ease
New shift plan for nurses
PM: No issues with fast-tracking Political Financing Bill
All Johor employees to get two-hour break on Fridays
‘Afghans shown education model’

Others Also Read