Malaysian MinFin Reaches Settlement with IPIC and Aabar over 1MDB Scandal
Posted on 02/27/2023
After extensive proceedings in a London court that started in 2018, the Malaysian finance ministry reached a US$ $1.8 billion settlement with International Petroleum Investment Co. (IPIC) and Aabar Investments PJS to end a legal dispute linked to the multi-billion scandal involving 1Malaysia Development Berhad (1MDB). The parties reached a settlement in the London Court…
