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 With RM50bil in liabilities, 1MDB scandal remains, country's biggest debt burden

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MishimaZ
post Dec 2 2025, 04:39 PM

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Didn't the gomen proudly announced they had retrieved 70% so far?
Justin.Loong
post Dec 3 2025, 10:08 AM

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QUOTE(fuzzy @ Dec 2 2025, 04:33 PM)
Where's that guy that used to defend 1mdb? roblox? who is the dupe now?
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QUOTE
SUMMARY OF 1MDB’S CURRENT DEBT POSITION

Here is the simple version so the public doesn’t get confused by political spin. All figures come directly from MOF II’s parliamentary answers in August and November 2025.

1MDB asset recoveries from global settlements up to Sept 2025: RM31.2 billion.

Total 1MDB debt repayments from 2018 to July 2025:
• RM42.17 billion
•Principal: RM28.93b
•Interest: RM13.24b

Sources of the RM42.17b repaid:
• Government/MOF Inc loans to 1MDB: RM15.44b
• Asset recoveries used: RM26.73b (out of RM31.2b returned)

Remaining 1MDB debt as of Sept 2025 (MOF figures):
• Sukuk principal maturing 2039: RM5b
• Future interest to 2039: RM4.02b

Cash in the AAMKA trust account (end Sept 2025): RM5.29b

This means 1MDB already has enough cash to fully settle the RM5b sukuk now.

If settled early, the RM4.02b future interest would not need to be paid.

After paying the sukuk, about RM290 million remains.

Revised “1MDB debt to government” (RM15.44b), after reflecting actual offsets:
• Minus RM12b from last year’s Bandar Malaysia sale to Petronas
• Minus RM290m remaining cash
= Net 1MDB obligation to government: about RM3.15 billion

For roughly RM3.15b in net cost, the government already holds these assets:
• 8 new/upgraded defence bases
• TRX (RM40b project)
• Penang land: RM2b
• Pulau Indah land: RM0.5b
• 5km underground tunnel: RM3b

In short:
• 1MDB effectively has no external debt left (cash in hand can settle everything).
• The government’s net cost is small compared to the assets received.
• Asset recoveries exceed government funds injected.
• Additional billions from remaining settlements and claims are still incoming.


QUOTE
Eric, you left out some pretty important lines from the same MOF replies you’re quoting.

1- Yes, MOF confirmed RM42.17b has already been used to repay 1MDB debts and commitments – RM28.93b principal + RM13.24b interest.
2- Yes, RM31.2b has been recovered & channelled into the AA MKA trust.
3- Yes, AA MKA had RM5.29b cash as at 30 Sept 2025.
But MOF also says – in black and white – that 1MDB’s outstanding obligations are still RM24.46b (RM9.02b sukuk + RM15.44b shareholder advances from MOF/MOF Inc). And that the AA MKA cash is NOT enough to cover all remaining liabilities.
Turning that into 1MDB basically has no external debt, net cost only RM3.15b is not simplifying for the Rakyat – it’s creative accounting.

That RM15.44b from MOF is real public money. The interest already paid (RM13.24b) is real public money. The RM12b offset from selling Bandar Malaysia to a Petronas vehicle is still public-sector money moving from one GLC pocket to another – not Santa Claus dropping a cheque.

The RM31.2b“recovery you’re treating like a bonus? That’s stolen money being clawed back after a decade of legal work, not a profit.

If 1MDB were such a cheap, self-financing success story, the PM wouldn’t still be calling it the country’s biggest debt burden with around RM50b in liabilities & promising to keep recovering funds.

The real story is simple
– Tens of billions in public resources burned on a scandal.
– Decades of future obligations still on the govt’s books.
– Asset recoveries that are still less than the total damage done.

Dressing this up as small net cost with great assets doesn’t change what 1MDB was- a massive theft that Malaysians will be cleaning up for years.

Bro, spinning 1MDB into a ‘RM3b bargain’ is wild. You’re doing PR for the biggest theft in Malaysian history - & calling it math.

9m2w
post Dec 3 2025, 10:15 AM

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QUOTE(reversependulum @ Dec 2 2025, 03:21 PM)
Basic economics equity = asset - liabilities so what is the equity and asset

Rokek increase country debt from 1T to 1.7T so what is the remaining  650b from

Rokek always like to fitnah Najib
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Countries debt has 2 types

Direct debt incurred from funding the budget, this has span over 20 years as we run a deficit budget, expenses exceed revenue. So we issue debt to bridge the difference thats snapped up by EPF.

Indirect debt from gurantees given to GLCs or SPVs like 1MDB for issuing bond. This isnt direct debt but still a liability else when they default it becomes govt debt

This isnt balance sheet liability he is talking about

If you referring to 650B in direct debt its literally the loans taken out to fund our budget. Where is it from or where it go? Well your social aid program, the development projects, your subsidized essentials and oh yeah the money found in the poliicians homes on occasion kek

This post has been edited by 9m2w: Dec 3 2025, 10:15 AM
Medusakia
post Dec 3 2025, 10:18 AM

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QUOTE(DarkNite @ Dec 2 2025, 02:39 PM)
But but but Jib macai says sudah settle, no more debts?

Apa nama itu macai? hmm.gif
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Itu anjing sudah masuk gua mano berani komen, post bangnon bukan main spam thread😁🫢🤣🤣🤣🤣🤣🤣
9m2w
post Dec 3 2025, 10:21 AM

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QUOTE(Justin.Loong @ Dec 3 2025, 10:08 AM)
Roblox_Malaya

WTF dude you cant do this shit lar

You know all the recovery was instigated by Atuk? Your side happy with IPIC win/win arbitration

And there was no way in hell you would expect ppl like KPMG and Morgan to settle far exceeding the fees they charged? You telling me back when 1MDB was TIA youd foresee, hey even if this go side ways and this Jho Low gonna swindle, i expect to give multiples in returns from fine. This should be a nett positive?

Also in this order Atuk, Abg Non and then Abah (maybe not) pushed for higher damages from the parties involved. You wanna thank your bosses arch nemesis for making his 1MDB look good?

Bro you cant polish this la just like you cant use a filter for a bad profile photo to hoodwink the world. Take your licks and fight elswhere la
Medusakia
post Dec 3 2025, 10:21 AM

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QUOTE(haya @ Dec 2 2025, 02:12 PM)
With RM50bil in liabilities, 1MDB scandal remains country's biggest debt burden
By KHOO GEK SAN and RAGANANTHINI VETHASALAM
    Nation
    Tuesday, 02 Dec 2025
    10:59 AM MYT

KUALA LUMPUR: The 1MDB scandal remains Malaysia’s largest debt burden, with nearly RM50bil in liabilities still weighing on federal finances, Prime Minister Datuk Seri Anwar Ibrahim told the Dewan Rakyat.

He said the government had already paid RM42bil to service 1MDB’s principal and interest obligations, while recoveries from various enforcement efforts had so far returned RM29bil to public coffers.

"However, the pressure from 1MDB remains. We still have about RM13bil left to settle," he said on Tuesday (Dec 2), adding that the legacy debt continued to narrow the government’s fiscal space.

Anwar, who is also Finance Minister, said the administration was strengthening fiscal governance through the Public Finance and Fiscal Responsibility Act 2023, which sets medium-term targets of a 3% fiscal deficit and a 60% debt-to-GDP ratio.

The deficit has continued to narrow, he noted, from 5% in 2023 to 4.1% last year and an estimated 3.8% this year.

He also pointed out that annual new federal borrowings had fallen from RM100bil in 2021 to around RM75bil currently, reflecting "a clear downward trend".

As at the end of December 2025, Malaysia’s outstanding federal debt is estimated at between RM1.3 trillion and RM1.5 trillion. However, the bigger issue is the government’s debt obligations, which must be honoured,” Anwar said during Minister’s Question Time.

Statutory debt is currently at 64% of GDP, below the 65% legal threshold, while offshore borrowings remain manageable at RM22.4bil, well under the 35% limit, he added.

Treasury bills also remain within safe levels at RM4bil, against the ceiling of RM10bil.

Anwar said the government would continue managing liabilities prudently through fiscal consolidation, subsidy reforms, including the restructuring of RON95, and by leveraging private-sector participation under the Public-Private Cooperation Master Plan (Pikas).

"These reforms are necessary to safeguard our fiscal capacity and ensure long-term stability," he said.

Source: https://www.thestar.com.my/news/nation/2025...est-debt-burden
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Jgn PFITNAH ana puas ati akecema😁🫢🤣

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DarkNite
post Dec 3 2025, 10:26 AM

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QUOTE(Justin.Loong @ Dec 3 2025, 10:08 AM)
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touristking
Come & explain

 

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