diff --git a/py/vm.c b/py/vm.c
index 10db35e25fde36fbae29d075526add74a48c4e00..1fc5b4a57afdba895b8868beb0ba767b5bd8e255 100644
--- a/py/vm.c
+++ b/py/vm.c
@@ -596,7 +596,7 @@ unwind_return:
                         break;
 
                     case MP_BC_IMPORT_STAR:
-                        rt_import_all(TOP());
+                        rt_import_all(POP());
                         break;
 
                     default: