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Govt stuck with US$3bil debt over 1MDB loan, court told

Published on 15 Jun 2022 8:17:22 PM

Former Finance Ministry deputy secretary-general Datuk Siti Zauyah Mohd Desa told the Kuala Lumpur High Court on Wednesday (June 15) that the government was still paying off a US$3 billion loan taken by 1MDB nine years ago. She said the loan was approved by the government via a support letter signed by Datuk Seri Najib Razak, who was Finance Minister back in 2013.

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