Abu Dhabi SWF Receives Final Payment from 1MDB

Posted on 12/27/2017

1Malaysia Development Berhad (1MDB), the sovereign investor that has been embroiled in a scandal, revealed they have paid all that is required to Abu Dhabi-based International Petroleum Investment Company (IPIC) before December’s end. IPIC is now part of Mubadala Investment Company. The payment was for IPIC which had provided emergency financial support to 1MDB. 1MDB […]

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