Malaysia to receive RM4.65bil from IPIC as part of 1MDB settlement, Parliament told

By TARRENCE TAN, RAGANANTHINI VETHASALAM and GEREARD GIMINO

KUALA LUMPUR: Malaysia will receive RM4.65bil from Abu Dhabi's International Petroleum Investment Co (IPIC) next year as part of the settlement over the 1Malaysia Development Bhd (1MDB) scandal.

Deputy Finance Minister I Datuk Seri Ahmad Maslan said the amount would be enough to pay off the remaining debts of the state investment arm.

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1MDB , IPIC , International Petroleum Investment Co , Settlement , Arbitration , Goldman Sachs

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