(Reuters) - Malaysia's indebted and controversy-ridden state investor
1MDB will be left as a skeletal structure and possibly dissolved under a
debt repayment plan in which most of its assets will be sold, sources
with direct knowledge of the matter said.
The
power and property fund, a pet project of Prime Minister Najib Razak
with assets worth $14 billion, was hit by losses last year and nearly
defaulted on a loan payment. The near-miss drove down the ringgit
currency MYR= and Malaysian government bonds and prompted calls from opposition leaders to make the fund's accounts more transparent.
APA
MAKNANYA
maknanya
1MDB tutup kedai
bangkrap
tak dapat bayar utang
harta dilelong
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