Finance Ministry says has paid RM1.7b of SRC International’s debt to KWAP | Malay Mail

The finance minister said as a guarantor to the RM4 billion loan made by the former 1MDB subsidiary, the government needs to ensure the pension funds could still function by not defaulting on the payments. — Picture by Shafwan Zaidon

“The total payment made by the Ministry of Finance for SRC International Sdn Bhd now is RM1,691,822,628.05,” he said in a statement here. Lim acknowledged that while the government is struggling fiscally, it will still ensure that enough funds be allocated to honour the debt schedule — which has a balance of around RM3.8 billion unaccounted for.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Finance Ministry has settled RM1.69 billion of SRC International’s RM4 billion KWAP loan | The Malaysian InsightFinance Ministry has settled RM1.69 billion of SRC International’s RM4 billion KWAP loan
Herkunft: msianinsight - 🏆 8. / 63 Weiterlesen »

Finance ministry to ensure enough cash to repay KWAP for SRC loansLim Guan Eng says his ministry has repaid a total of RM1,691,822,628 in principal amount and interests so far. FMTNews
Herkunft: fmtoday - 🏆 5. / 72 Weiterlesen »