Sunday, May 19, 2019

THM Funds to Settle a Portion of 1MDB 2019 Debt

Tabung Harapan Malaysia’s entire funds amounting to RM203.29 million will be used to settle a portion of 1MDB 2019 debt amounting to RM1.7 billion, Finance Minister Lim Guan Eng (left) said. In a statement on Thursday. 

Lim said this was decided at the THM trust accounts committee meeting on April 24, 2019. 

He informed Malaysians that the exact amount of the Fund stood at RM202,716,775.10 as of January 14, 2019, the closing date for contributions and furthermore, interest received from fixed deposit investments amounted to RM575,342.31 up to March 31. 

It's good to know that public donations to the Fund are being put to correct use. That's Pakatan Harapan for you!

I want to share this remarkable act Big Name Statues sing Queen’s Bohemian Rhapsody on Britain's Got Talent 2019:

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