Malaysian billionaire Ananda Krishnan set to settle 1MDB loan ahead of deadline
Malaysian billionaire Ananda Krishnan is preparing to settle a RM2 billion (S$750,900) loan owed by troubled state fund 1MDB, four sources familiar with the matter said – a last-minute reprieve for the fund whose debt woes are pressuring the ringgit and the country’s sovereign credit rating. The development fund, which owns a large portfolio of…
