Finance Minister Lim Guan Eng says he is 'sick and tired of 1MDB', and work to organise payments to settle the troubled state investor's debt has taken him away from his aim to create jobs for graduates. – The Malaysian Insight file pic, May 5, 2019.
IT will take between 20 and 30 years to settle 1Malaysia Development Bhd’s RM44 billion debt, which is draining public coffers and taking money away from much-needed programmes, said Lim Guan Eng. The finance minister said the sum is part of the country’s total debt of RM1.087 trillion accumulated over decades of mismanagement under Barisan Nasional rule.
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