KUALA LUMPUR (March 31): 1Malaysia Development Bhd (1MDB) still has some RM39 billion worth of outstanding debt comprising ringgit and US dollar-denominated bonds, Petaling Jaya Utara MP Tony Pua said.
In a statement today, Pua, who is also Malaysia's DAP national publicity secretary, said the list comprised a 30-year RM5 billion bond guaranteed by the Malaysian Government. Pua said 1MDB's
US dollar-based debt amounted to US$7.73 billion
(about RM34.18 billion).
"Hence, the total amount of 1MDB debt still outstanding, and directly or indirectly guaranteed by the Federal Government are RM5.0 billion and at least US$7.73 billion, or a total of more than RM39 billion!," he said.
He said 1MDB's US dollar-denominated debt included two 10-year
US$1.75 billion bonds guaranteed by Abu Dhabi’s International Petroleum Investment Co and a 10-year US$3 billion bond guaranteed by the Malaysian Government.
At the time of writing, the Malaysian Government and 1MDB have not issued a media statement in response to Pua's statement.