Malaysia’s Finance Minister Lim says 1MDB’s S$2.4 bil ‘bailout’ largest one in country

May 27, 2018 5:48 PM

KUALA LUMPUR – The Malaysian government has dismissed claims by former premier Najib Razak that the debt-riddled 1MDB was not bailed out with a sum of RM7 billion (S$2.4 billion) , with Finance Minister Lim Guan Eng saying on Sunday (May 27) that a further RM5 billion of public funds was in fact allocated to cover the state fund’s liabilities.

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