1MDB: Restaurant Imbi Palace dispute settled

KUALA LUMPUR: The 1Malaysia Development Bhd (1MDB) has successfully mediated in the dispute over the Restaurant Imbi Palace, which currently sits on its land.

The restaurant, located in an area earmarked for the proposed Kuala Lumpur International Financial District, which the firm oversees, was partially demolised last Saturday, and certain quarters alleged that 1MDB was responsible.