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1MDB has enough money to repay its obligations up to 2022
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Goldman Sachs guarantees a minimum of US$1.4 billion (RM5.8 billion) in asset recovery
(AP Picture)
In KUALA LUMPUR, Bernama reported 1MDB’s total outstanding debt remains at RM32 billion as at end-June 2021.A total of RM12.8 billion of its financial commitments and debt servicing has been paid up via loans and advances from the government or Ministry of Finance (MoF) Inc as of September 2021, amounting to almost RM10 billion, as well as utilisation of the Trust Account.The outstanding balance of the Trust Account, which also earns placement profits (“hibah”), stood at RM15.3 billion and is currently sufficient to cover 1MDB’s obligations up to 2022, the finance ministry said in its 2022 Fiscal Outlook and Federal Government Revenue Estimates report released today.1MDB’s overall outstanding financial obligations, comprising both principal (RM32.2 billion) and interests or profits on the debt (RM7.1 billion), amounted to RM39.3 billion.The now-defunct 1MDB was established as a MoF Inc company in 2009 to spearhead strategic development in the country.However, its heavy reliance on debt capital and poor corporate governance led to cash flow complications beginning late-2014 and subsequently required assistance from the government.“A total of RM18.2 billion worth of assets linked to 1MDB have since been seized or recovered and placed into the Assets Recovery Trust Account under the custody of the Accountant-General’s Department,” the finance ministry said.The assets recovered include the seizure of physical assets and cash as well as cash settlements by related parties with the US Department of Justice, settlement proceeds from financial institutions and other parties such as audit firms, and cash recovered from individuals and companies.In addition to the settlement proceeds paid to the government, the former arranger of bond issuances for 1MDB, Goldman Sachs, will assist and guarantee a minimum of US$1.4 billion (RM5.8 billion) in asset recovery.
Ramai sangat yang bercakap bagi pihak Sultan Pahang. Entah ya entah tidak. Biar Sultan Pahang sendiri yang bertitah memperjelas perkara sebenar. Mencampur aduk politik dan sistem perundangan sangat merbahaya dan boleh menghancurkan negara selain menghakis keyakinan rakyat terhadap pemerintah. Malangnya, inilah yang telah, sedang dan dijangka akan terus berlaku. Sudah menjadi rahsia terbuka, persepsi rakyat Datuk Seri Dr Ahmad Zahid Hamidi diselamatkan oleh Datuk Seri Anwar Ibrahim dari kes prima facie melibatkan 47 pertuduhan melalui DNAA. Pada masa sama, Anwar kata dia tidak pernah campur perihal sistem kehakiman di negara ini. Rakyat berhak untuk mempercayainya atau sebaliknya. Adakah hanya musuh politik yang kena itu satu kebetulan? Apapun, janganlah kita hanya pandai menyalahkan Anwar sahaja kerana hampir semua perdana menteri terdahulu melakukan perkara yang serupa. Terbaharu, isu titah addendum yang menjurus bekas perdana menteri Datuk Seri Mohd Najib Tun Abdul Razak yang kini se...
While Malaysian prime minister Datuk Seri Anwar Ibrahim is on an official visit to Italy, Spain and Brazil to attend the BRICS summit, his own Peoples’ Justice Party (PKR) is in rapid collapse at home. News is emerging from chat groups and pundits there are mass branch resignations of members across more than 200 branches nationwide. Some branches just don’t exist anymore. The party vote for deputy president, where Puan Nurul Izzah Anwar, Anwar Ibrahim’s daughter challenged incumbent Rafizi Ramli, who was minister of economy until he resigned a few weeks ago showed that some 16,000 members out of 30,000 eligible, did not even bother to vote in this nationally publicized dual. This just indicates the level of apathy within PKR itself, with such an important event for the future of the party. PKR has gradually been losing electoral support since 2013. In the 2014 general election PKR received 20.39 percent of the national aggregate vote, and in 2022 PKR only received 15.72 percent of the...
Di waktu diberitakan bekas perdana menteri Datuk Seri Ismail Sabri Yaakob menerima rawatan di sebuah hospital semalam, selepas pengsan dan tidak sedar, timbul pula pengedaran aktif banyak kali berita seperti di atas di media sosial menerusi platform WhatsApp. Ismail Sabri dikejarkan ke pusat perubatan swasta selepas dilaporkan rebah secara tiba-tiba pada tengah malam kelmarin. Gambar fail BERNAMA Tidak mustahil ada pihak sengaja memprovokasi dan mengeksploitasi perkembangan kesihatan Ahli Parlimen Bera itu dengan kisah yang memperlihatkan ciri-ciri amalan rasuah. Namun bukan juga ini bermakna berita itu tidak benar. Mungkin juga ia benar-benar berlaku. Timbul juga tanda tanya, sebagai ahli parlimen biasa, adakah beliau masih mempunyai setiausaha politik? Kita tunggu maklum balas dari pihak berkenaan serta laporan rasmi dari media selepas ini. Ismail Sabri kini dalam keadaan stabil dan masih dirawat di sebuah pusat perubatan swasta di Subang Jaya. Terdahulu, media melaporkan Ismail ...
Dua tokoh parti politik yang sukar dipisahkan dari imej rasuah , semakin panas bertelagah Rentak Madani 🎵 Akhbar Sinar Harian melaporkan semalam bahawa Ketua Pemuda UMNO, Datuk Dr Muhamad Akmal Saleh mencabar Ahli Majlis Kerja Tertinggi (MKT) UMNO, Datuk Lokman Noor Adam supaya berdepan dengannya sama ada di mahkamah ataupun di gelanggang, berikutan tuduhan kononnya beliau mempunyai agenda tersembunyi untuk menaikkan Datuk Seri Hishammuddin Hussein sebagai Perdana Menteri. Amaran itu dibuat selepas Lokman secara terbuka menggelar beliau sebagai ‘Ketua Pemuda H20’ dalam satu wawancara bersama sebuah platform baru-baru ini. Menurut Muhamad Akmal, Lokman kini mempunyai dua pilihan, sama ada menjawab saman beliau di mahkamah ataupun bertemu di gelanggang bagi menyelesaikan isu berkenaan. “Kamu ada dua pilihan. Pilihan pertama, kita lawan di mahkamah. Aku saman kamu," cabar Akmal. Lokman berpendapat, Ahli Dewan Undangan Negeri (ADUN) Merlimau itu menggunakan kelebih...
BEGITULAH RESAM DUNIA Mereka membisu dipercayai untuk menyelamatkan diri masing-masing. Adakah dia menjadi kambing hitam Kumpulan Tebuk Atap para individu pelbagai parti? Tunggulah PRU akan datang. Hassan Karim pun pernah berkata Ismail Sabri pemimpin hebat. Salah satu jasa dia ialah campur tangan beri pilihan kepada pengguna membayar tol di lebuh raya. Kalau tidak, semua orang kena beli dan pakai RFID. Selepas UMNO, Barisan Nasional (BN) pula tampil menegaskan bahawa parti gabungan itu tiada sebarang kaitan dengan kes rasuah dan pengubahan wang haram membabitkan bekas Perdana Menteri, Datuk Seri Ismail Sabri Yaakob, demikian menurut laporan media. Seperti dilapor Malaysiakini , Setiausaha Agung BN, Datuk Seri Dr Zambry Abdul Kadir berkata dia juga tidak menerima sebarang pemakluman berkaitan mana-mana pihak cuba mengaitkan kes dihadapi bekas naib presiden UMNO itu . "(Setakat ini) tak adalah yang kita dengar hal sedemikian (mana-mana pihak mengaitkan kes Ismail Sabri dengan BN)...
23-year-old university student claimed she was asked to transfer RM5 to an immigration officer's personal bank account when she collected her new passport, despite having already paid the renewal fee online. NSTP FILE PICTURE Immigration Department should not force people to buy the passport plastic protective cover A 23-year-old university student has alleged that an immigration officer in Johor Bahru asked her to transfer RM5 to a personal bank account after she collected her renewed passport, despite already paying the required renewal fee online, New Straits Times reported on Saturday 30 November 2024. The student, who requested anonymity, said she received an email from the immigration department on 26 November 2024 , notifying her that her passport was ready for collection at the Urban Transformation Centre (UTC) in Galleri@Kotaraya. When she arrived, a female immigration officer handed her the passport and requested an additional RM5 payment. Surprised by the unexpect...
What Mahathir expected did not happen Initially, Mahathir Mohamad thought his party – PPBM (Bersatu) – could morph into a new version of UMNO. After all, it was him who brilliantly destroyed the original UMNO in 1988 and created “UMNO Baru” (the current UMNO version 2.0). But unlike in 1988, Mr. Mahathir had quit UMNO to form PPBM on 8 September 2016, and was no longer in charge of UMNO. UMNO won four times higher than Bersatu in GE14 Hence, after he leveraged on opposition Pakatan Harapan and stunningly defeated the scandal-plagued Najib government, his first priority was recruiting UMNO MPs to join his party. UMNO, although lost miserably, still won 54 parliamentary seats in the May 2018 General Election – more than 4 times the number of seats Mahathir’s party managed to capture. PPBM the worst among four strategic parties Mahathir’s party won only 13 seats out of the 52 Parliamentary seats it contested in the 2018 poll. That’s ...
HEAVY DUTY FOR THE GOVERNMENT TO CONVINCE OTHERWISE When Malaysian Prime Minister Datuk Seri Anwar Ibrahim said his government would focus on recovering money lost to corruption, rather than prosecuting the corrupt, “VVIPs” rejoiced. Anwar confirmed that “(I) have no interest in jailing people” and thus if one gets court, there will be a process to come to an agreement on how much to return to the government, that's what the Australian Prof Dr Murray Hunter said in his article published in his blog on Wednesday, 10 September 2025. The former Malaysian government university senior lecturer in Perlis further said that the announcement has effectively encouraged those in positions of authority to deceive, misappropriate, money launder, abuse power, or just steal public funds without any fear of incarceration. "In effect, Malaysia is a gangster’s paradise, at least for “VVIPs”. The more influential you are, the less chance of any punitive action against you. "Corruption is ...
Selamat menyertai Kelab Agamawan Problematik Nampaknya seorang lagi tokoh agamawan, pendakwah, penceramah motivasi keagamaan dan ilmuwan agama kelihatan terjebak di arena kontroversi berkaitan perlanggaran undang-undang negara yang serius. Jika sabit kesalahan, membolehkan seseorang pesalah dihukum penjara. Bagaimanapun, ini baru di peringkat siasatan. Oleh itu, ikutilah perkembangannya tanpa prejudis. Itulah Datuk Dr Mashitah Ibrahim ( gambar, atas ), bekas menteri dari Barisan Nasional, pernah menjadi ahli Parlimen Baling, Kedah. Kepopularan Mashitah bermula di era 80an apabila sering muncul menjadi panel penceramah agama dalam rancangan TV Forum Perdana terbitan RTM serta lain-lain program ketika itu. Kegemilangan Mashitah berada di puncak selepas dilamar kerajaan memerintah, seterusnya bertanding di pilihan raya, menang menjadi ahli Parlimen dan seterusnya dilantik sebagai timbalan menteri. Dalam perkembangan berkaitan, media melaporkan Polis Diraja Malaysia (PDRM) ...
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