Malaysia's 1MDB state fund still $7.8b in debt, says govt

Malaysia's 1MDB state fund still $7.8b in debt, says govt

Traffic passes a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, July 6, 2015. REUTERS/Olivia Harris/Files

1Malaysia Development Berhad (1MDB), the state fund at the centre of a massive corruption scandal, still had an estimated 32.3 billion ringgit ($7.80 billion) in outstanding debt as of September, the government said on Friday.