HOW `INSOLVENT’ 1MDB’S DEBT STACKS UP AND WHO’S SADDLED WITH IT

Star Online on 30th May reported that Malaysia’s scandal-plagued state investment fund 1MDB has a $36 million bond coupon payment that may still be due this month. With the company unable to repay debt, the government has said it will honor 1MDB’s obligations as it had done since April 2017.  The article provides a Q&A on what you need to know about the fund’s path to insolvency and who else, apart from the government, could be saddled with the cost.

https://www.thestar.com.my/business/business-news/2018/05/30/how-insolvent-1mdbs-debt-stacks-up-and-whos-saddled-with-it/#JFGRrS2R1Y6EJdQb.99