PETALING JAYA: The dispute between 1Malaysia Development Bhd (1MDB) and International Petroleum Investment Company (IPIC) revolves around US$3.5bil (RM14.55bil), which cannot be accounted for by both sides.
1MDB claims that the money was paid to Aabar-British Virgin Island (Aabar-BVI). However, the Abu Dhabi-backed fund contends that Aabar-BVI is not part of its stable of companies.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!