KUALA LUMPUR : Malaysia's finance ministry said on Monday Abu Dhabi's International Petroleum Investment Co (IPIC) and Aabar Investments PJS have agreed to pay $1.8 billion to settle a legal dispute over the multi-billion dollar 1MDB scandal. The ministry said in a statement the Abu Dhabi companies, 1MDB
KUALA LUMPUR : Malaysia's finance ministry said on Monday Abu Dhabi's International Petroleum Investment Co and Aabar Investments PJS have agreed to pay $1.8 billion to settle a legal dispute over the multi-billion dollar 1MDB scandal.
The ministry said in a statement the Abu Dhabi companies, 1MDB and Malaysia's Minister of Finance had reached a settlement in respect of the legal proceedings in the London Court of International Arbitration and the London High Court.
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