Tags Posts tagged with "IPIC"

IPIC

Malaysian taxpayers paid over $1.7 billion for 1MDB debt so far

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Malaysia’s finance ministry has used a total of 6.98 billion ringgit ($1.76 billion) in tax money since April 2017 to pay back accumulated debt of state...
Malaysia to settle with Abu Dhabi in 1MDB case

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The governments of Malaysia and Abu Dhabi reportedly reached an agreement on a partial debt settlement in the case involving scandal-ridden fund 1Malaysia Development...
Abu Dhabi’s quarrel over 1MDB debt deepens

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Disputes between Abu Dhabi"s state-owned International Petroleum Investment Co (IPIC) and troubled Malaysian state investment fund 1Malaysia Development Berhad (1MDB) intensified on May 11,...
Abu Dhabi claims Malaysia’s 1MDB defaulted on $1.1-billion-debt

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Abu Dhabi-based, stated-owned investment firm International Petroleum Investment Company (IPIC) said on April 18 that Malaysia's government fund 1Malaysia Development Berhad (1MDB) defaulted on...
Saudis confirm money for Najib was “donation”

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Saudi Arabia's foreign minister confirmed that a $681 million deposit in Malaysian Prime Minister Najib Razak's private bank account was a donation originating from...

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The International Petroleum Investment Company (IPIC) of Abu Dhabi has signed a deal with Oman Oil in which they have agreed to invest in...