Bulk of 1MDB asset recovery fund used to repay debts, says Auditor-General

KUALA LUMPUR: The balance of the 1Malaysia Development Bhd’s Asset Recovery Trust Account stood at RM1.927bil at the end of 2022, which is 87.4% lower than 2021, as a bulk of the funds were used to repay 1MDB debts that matured last year. Read full story

Source : https://www.thestar.com.my/news/nation/2023/10/10/bulk-of-1mdb-asset-recovery-fund-used-to-repay-debts-says-auditor-general

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