Most Read
Most Commented
mk-logo
News
Witness: 1MDB management unresponsive after securing US$3b loan

The High Court was told yesterday that the management of 1Malaysia Development Berhad (1MDB) never gave any feedback after securing a US$3 billion (RM13.5 billion) loan through a letter of support (LOS) issued by the government.

Former Finance Ministry deputy secretary-general Siti Zauyah Mohd Desa, 63, said various efforts were made by the ministry to get the latest information from 1MDB on how the US$3 billion was used, but the company never responded.

“I tried to contact the management of 1MDB through letters and phone calls... 


Please join the Malaysiakini WhatsApp Channel to get the latest news and views that matter.

Unlocking Article
Unlocking Article
View Comments
ADS