Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Malaysia Facing Bankruptcy Due to 1MDB Scandal, Warns Ex-PM

Former Malaysian Prime Minister Mahathir Mohamad warned Thursday the country faces bankruptcy because of an ongoing scandal with the state-owned 1MDB fund. “The government will have financial deficits which may lead to bankruptcy if the (1MDB) loans are not serviced and the principal paid,” Mahathir stated in an online article and social media posts. The former prime minister said any defaults by the government-owned company would affect Malaysia’s credit worthiness “and the government...

Read complete article
© Voice of America -

Follow us on ...
Facebook Twitter