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


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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

41 dead cats found in woman’s apartment
HK actor Lai is in love with M’sian food
Protecting patents to ensure supplies
‘Petrol price drop will be delayed’
M’sians rethinking trips to the Lion City with S’pore VEP hike next year
Trolley thieves take a toll on grocers
Patent linkage needs careful balance, say experts
No more missing carts, please! Stores under close watch
WFH policy will not disrupt economic activity, says Economy Minister
MetMalaysia: Thunderstorm warning for KL, Putrajaya, Labuan, 11 states until 2am

Others Also Read