Finance Minister Lim Guan Eng said the government has settled the RM208.8mil (US$50.3mil) interest payment owed by 1MDB Energy (Langat) Ltd.<br />Lim told reporters at the Parliament lobby on Thursday that the government has two more interest payments to make in this regard by the end of this year – RM217.51mil (US$42.4mil) on Nov 11 and RM153.75mil sukuk Islamic Medium Term Notes.<br /><br />The Finance Minister, however, said that despite the hefty 1MDB debt, Malaysia would not default on interest payments, adding that the scandal-ridden state-owned investment fund had hurt the country's image and finances.<br /><br />Read more at https://www.thestar.com.my/news/nation/2018/10/18/govt-to-fulfill-1mdb-commitments-just-paid-rm208mil-in-interest/
