Ahmad Zahid committed to addressing FELCRA debts, studying PAC's recommendations
Datuk Seri Dr Ahmad Zahid Hamidi said a committee had been formed to study the recommendations, put forward by PAC to resolve the issue.
Mon Jul 08 2024
Budget 2024: Second chance policy on bankruptcy expanded - PM
Datuk Seri Anwar Ibrahim said as of July this year, almost 14,000 cases with small debts of below RM50,000 discharged from bankruptcy.
Fri Oct 13 2023
31,140 youth under 35 declared bankrupt since 2014 - Ramkarpal
The govt has implemented several initiatives including bankruptcy discharge for those declared bankrupt for debts below RM50,000.
Mon Jun 26 2023
Najib intended to shut down 1MDB in 2015 - Edge chairman
The chairman of The Edge Media Group today told the High Court that Najib Razak had intended to shut down 1MDB due to its serious financial debts.
Mon Nov 21 2022
All outstanding payments concerning DASH Highway must be paid - PM
Ismail Sabri said the Works Ministry must also explain the unpaid debts.
Tue Oct 18 2022
KPLB considering writing off RM230 mln of FELCRA settlers' debts - Mahdzir
KPLB is considering disposing of the debts of 20,000 FELCRA settlers amounting to RM230 million, says its minister Datuk Seri Mahdzir Khalid.
Sat Oct 01 2022
Only 2.5 pct of federal govt debt is foreign-denominated - Tengku Zafrul
The claim that Malaysia owes a lot of money to Indonesia is not true as only 2.5 pct of federal government debts are foreign-denominated.
Fri Aug 26 2022
Terengganu pays RM472.78 million in federal debts - MB
Ahmad Samsuri said the balance in debt still owed by the state government to the federal government as of June 30 is RM267.09 million.
Mon Jul 25 2022
Govt still needs to cover RM17 bln shortfall to repay 1MDB debts - Tengku Zafrul
Tengku Zafrul said the govt had repaid RM13.31 billion of 1MDB's loans and interest through the ministry's Assets Recovery Trust Account.
Mon Mar 14 2022
Scams: Muslims urged to remain vigilant, not to be easily deceived
It is reported that many have lost their savings after being cheated and some have been burdened with huge debts.
Fri Jan 21 2022
Najib signed letter of support for gov't to settle 1MDB's US$3 bln debt - Witness
The High Court was told today that the Malaysian government had taken the responsibility to pay the debts of 1MDB amounting to US$3 billion if the company failed to do so.
Thu Nov 18 2021
US$3 bln used for donations, settle debts and not to fund 1MDB JV, court told
The High Court was told today that the US$3 billion bond guaranteed by the Malaysian government to 1MDB GIL was never used for its intended purpose of funding a 1MDB joint venture.
Tue Nov 16 2021
Unremorseful Najib at it again throwing confusions on government loans and debts
The KWAN fund mainly for purchasing vaccines is not a loan but conveniently inserted to increase government loan.
Fri May 28 2021
1MDB intended to pay off its bank loans, debts from IPO proceeds, court told
The High Court here today heard that the 1Malaysia Development Berhad (1MDB) intended to use the proceeds from its Initial Public Offering (IPO) to pay off its existing bank loans and debts.
Thu May 27 2021
Government consistent in explaining statutory debt: MoF
Tengku Zafrul said that all Federal government debts have been clarified with, and accepted by international ratings agencies and analysts.
Mon Mar 22 2021