KUALA LUMPUR, March 26 — 1 Malaysia Development Berhad (1MDB) has RM5.037 billion in unpaid loans from local banks, the Finance Ministry said.

In a written reply yesterday to Pandan MP Rafizi Ramli, the ministry said the figure was current up until the start of the year.

“Until January 2015, the total debts of 1MDB with local banks amount to RM5.037 billion,” said the reply.

In his question, Rafizi had also demanded the ministry list down 1MDB’s debts with each local bank, as well as Bank Negara Malaysia’s (BNM) latest audit findings on debts to these banks.

The ministry did not respond to these queries.

Earlier this month, Rafizi urged BNM to share the findings from its compliance audits on issuers of local loans to 1MDB to rule out any irregularities.

The PKR secretary-general had said this was to allow lawmakers, the banking industry as well as ordinary Malaysians to assess for themselves whether news reports of 1MDB’s debts were substantiated and whether it could affect the stability of the country’s banking sector.

1MDB reportedly has RM42 billion in liabilities and previously missed deadlines to pay off interests on its debts.

It needed several extensions to pay a RM2 billion instalment from last year, and only made the payment last month after tycoon Tan Sri T. Ananda Krishnan’s Tanjong PLC helped 1MDB secure refinancing in order to get the cash it needed to avoid defaulting.

Yesterday, the Finance Ministry also said the cash-strapped 1MDB will miss the deadline for its Jimah East Power project in Negri Sembilan due to liquidity problems.

The state-owned strategic investment firm is currently the subject of an investigation by the Auditor General’s Department and in line for further scrutiny by Parliament’s Public Accounts Committee.