Taking 1MDB’s RM1.705 billion interest payment and SRC’s RM1.5671 billion scheduled repayment, the total that the Malaysian government has to ensure is paid in 2021 is RM3.2721 billion. — Reuters pic
In such a situation, the ministry said the government would be paying off the next batch of installments owed by 1MDB and SRC International next year. As for SRC International, the ministry said the civil service’s pension fund Retirement Fund Incorporated has agreed to restructure the RM4 billion loan it had previously given to SRC International, effective from the year 2020 to March 28, 2022.
The ministry was responding to Pokok Sena MP Datuk Mahfuz Omar from Parti Amanah Negara who asked the amount of 1MDB and SRC International debts that have to be paid by the government next year, as well as the source of funds that would be used for such debt payments.Separately, the Finance Ministry also responded to Teluk Intan MP Nga Kor Ming, who wanted to know in detail the amount of government debt, including for government-linked companies , as at October; and measures for repayment.
“The government is continuing efforts to recover 1MDB assets. As of September 30, 2020 the balance of the 1MDB asset recovery trust account is RM11.7 billion and all of it will be used to repay 1MDB’s financial commitments,” the ministry said.
YAY‼️ Beside the staggering *National DEBT* amount the people now have an additional *National Cheating Debt* to pay! 👏🏻 👏🏻👏🏻 So you Still think voting a 'new' GOVERNMENT will solve ANY problem❓❓
And the PH supporters still want Anwar to work with the thief?
Najib, as the originator of 1MDB, should also ask the Finance Minister some questions to check how it is doing!
Taxpayers' money to be used to pay debt of the clepto who is still roaming freely in parliament. Wtf
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