Abu Dhabi’s IPIC and Aabar to pay Malaysia $1.8 billion to settle 1MDB dispute

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KUALA LUMPUR (Reuters) – Abu Dhabi’s International Petroleum Investment Co (IPIC) and its unit Aabar Investments PJS have agreed to pay $1.8 billion to settle a legal dispute over the scandal at Malaysian state fund 1MDB, Malaysia’s finance ministry said on Monday. Malaysia in 2018 had filed a challenge in a London court against a settlement agreement between 1MDB and IPIC that had been

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