An opposition MP today said it is “disgraceful” for debt-ridden 1Malaysia Development Bhd (1MDB) to resort to borrowing from the country’s second-richest man to settle its loans.

This is despite the fact that the company had claimed that it had already fully redeemed its investment in Cayman Islands of RM3.9 billion, at the current favourable exchange rate, said Petaling Jaya Utara MP Tony Pua.