Malaysia uses up crowdsourced ‘Hope Fund’ to repay 1MDB debt

Malaysia uses up crowdsourced ‘Hope Fund’ to repay 1MDB debt

The 1MDB sign as seen through a car. Photo: Bloomberg TV

Malaysia’s Hope Fund has been exhausted as the government used all 205 million ringgit ($49 million) it raised from the public to pay off some of 1MDB’s debt, Finance Minister Lim Guan Eng said.