Nearly RM40bil in govt grants used to repay 1MDB-related debts over five years, says AG's Report

By MARTIN CARVALHO, KHOO GEK SAN and GERARD GIMINO

KUALA LUMPUR: A total of RM39.74bil in Federal Government grants were used to repay the 1Malaysia Development Berhad (1MDB) loans and related payments over a five year period, according to the Auditor-General’s Report 3/2024.

The grants were for principal repayment and other expenses, including bond interest and coupon payments.

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1MDB , Debts , Loans , Repaymnet , Federal Government

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