Posted inMalaysia

Goldman Sachs and Anwar in 1MDB settlement showdown

LONDON and SINGAPORE – Prime Minister Anwar Ibrahim’s three-month-old administration won a key legal victory last week when Abu Dhabi’s International Petroleum Investment Co (IPIC) and its Aabar Investments PJS unit agreed to pay US$1.8 billion to settle a legal dispute linked to the sprawling 1Malaysia Development Berhad, or 1MDB, scandal. The two sides had been […]

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