Johari: M'sia Not Beholden To Anybody Over 1mdb Issue

22 views · Published 29 December 2017 · 0:58 · Indexed 22 October 2026

Channel: 7Edition · 2017 · News & Politics

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Malaysia is not beholden to anybody in regards to the 1Malaysia Development Berhad (1MDB), debt settlement.

Second Finance Minister, Datuk Seri Johari Abdul Ghani said this when asked whether Chinese firms had helped in the repayment of 1MDB's debt to Abu Dhabi’s International Petroleum Investment Company (IPIC).

He was speaking after the launch of the new e-Perolehan system. 

Singapore Straits Times report claimed that 1MDB had made the final settlement of US$602.7 million debt obligations to IPIC, by divesting its stake in two companies to buyers linked to Chinese state-owned enterprises.

The payment made was  pursuant to the settlement deed with MOF inc and IPIC.

When asked to confirm the report, Datuk Seri Johari said the matter should be directed to treasury Secretary-general, Tan Sri Dr Mohd Irwan Serigar Abdullah, who is also the Chairman of 1MDB.

(Soundbite Of Datuk Seri Johari Abdul Ghani / Second Finance Minister)

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