NEW YORK (Bloomberg): Malaysia was given the go-ahead by a London judge to continue its pursuit against Abu Dhabi’s sovereign wealth fund for its role in the multi billion-dollar 1MDB scandal.
Malaysia’s government challenged a 2017 arbitration settlement between the two sides in the UK, arguing that Abu Dhabi state-owned International Petroleum Investment Co. and Aabar Investments were aware of fraud allegations against former prime minister Datuk Seri Najib Razak at the time the deal was struck.
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