I have written in statement dated 22 May 2018 that the Ministry of Finance (MoF) has since April 2017 made payments on behalf of 1MDB amounting to RM6.98 billion. The figure has yet to include another RM954 million to be paid before the end of this year. These payments are tantamount to a major bailout …
The former Prime Minister, Dato’ Seri Najib Razak has issued a statement criticizing the present Government’s announcement that our debt is now RM1 trillion. He said it “will just unsettle the financial markets, alarm the credit rating agencies and investors confidence in our institutions such as our Bank Negara Malaysia”. We would like the explain …
Explaining the facts behind Malaysia’s RM1 trillion of liabilities (e/c) Read More »
Payments made by MOF on behalf of 1MDB This statement is to confirm reports published today by The Wall Street Journal and Reuters on payments made by Bank Negara Malaysia and Khazanah to the Ministry of Finance, which were then utilized to service debt obligations of 1MDB.
My first day has started with a serie of meetings with all senior Treasury officials led by Deputy Treasurer-General, Datuk Siti Zauyah Mohd Desa and separately with the Auditor-General, Tan Sri Madinah binti Mohamad and her team. Both of them briefed me on the current status on the nation’s finances and the shocking revelation that …
I have been informed by the Deputy Treasurer-General, Datuk Siti Zauyah binti Mohd Desa that among the most urgent items to be resolved in my first days of office is the payment of interest for 1MDB borrowings. This is because the amount of RM143.75 million is due to be paid by 1MDB on 30 May …
I have been asked when I will be bidding farewell to Penang when I assume my new post as Malaysian Finance Minister in Putrajaya. I will not be doing so, simply because I will not be leaving Penang. How can you leave Penang when Penang will always be my home and my family’s sanctuary? I …
Kenyataan Media oleh Setiausaha Agung DAP dan Ahli Parlimen Bagan Lim Guan Eng pada 17.05.2018 di Kuala Lumpur: DAP mengecam sekeras-kerasnya malapetaka terbaru di Jalur Gaza yang mengakibatkan jumlah kematian yang tertinggi sejak tahun 2014. Tentera Israel telah menembak mati sekurang-kurangnya 60 rakyat Palestin yang tidak bersenjata termasuk remaja, sementara 2,771 orang lain tercedera dengan …
Press Statement by DAP Secretary-General Lim Guan Eng in conjunction of the World Press Freedom Day in Kuala Lumpur on 3 May, 2018 This is not fake news: Pakatan Harapan Government will free the media and repeal all laws and policies that stifle the media. Even before Parliament was dissolved on 7th March to make …