Photographer: Goh Seng Chong/Bloomberg

Malaysia's 1MDB at Risk of Default as Partner Ends Bond Support

  • 1MDB in dispute with Abu Dhabi sovereign wealth fund IPIC
  • 1MDB's dollar bond prices decline to lowest since November

Malaysia’s state investment company, already a target of global investigations into allegations of money laundering and embezzlement, has another major problem: It now faces the risk of sinking into default.

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