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Asia Sentinel
Malaysia Investment Fund Misses Payment Again

Malaysia Investment Fund Misses Payment Again

Our Correspondent
Feb 03, 2015
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Asia Sentinel
Asia Sentinel
Malaysia Investment Fund Misses Payment Again
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1MDB, the troubled state owned investment company that threatens to become a millstone around the neck of Prime Minister Najib Tun Razak, has once again failed to meet a debt repayment to a consortium of Malaysian banks led by Maybank and Rashid Hussain Bank, both of which are owned by government-linked companies.

The massive losses faced by the investme…

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