Abu Dhabi Denies Links to Company That 1MDB Gave $3.5 Billion
- 1MDB says it has proof of disputed entity's ownership
- Malaysia fund is focus of probes for alleged money laundering
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An Abu Dhabi sovereign wealth fund denied ownership of a company that received $3.5 billion from 1Malaysia Development Bhd., adding to questions from Malaysian investigators about the state fund’s murky financial dealings.
International Petroleum Investment Co. and unit Aabar Investments PJS said they have no subsidiaries known as Aabar Investments PJS Limited or Aabar BVI, according to a stock exchange filing on Monday.