1MDB Delays $603 Million Payment to IPIC

Posted on 08/01/2017


1Malaysia Development Bhd. (1MDB) revealed that it did not make a US$ 603 million payment to International Petroleum Investment Company (now part of Mubadala) due to a delay it faced from receiving the money. 1MDB said it had to encounter a number of additional regulatory approvals before it could send the money. In a public […]